Trump Tariffs a Mixed Bag for US Auto Industry
Suppliers have recovered only half their tariff costs, while nearly 80% of companies rank trade policy changes among their top threats, Deloitte said.
8 Articles
8 Articles
Trump tariffs a mixed bag for US auto industry
Since Trump returned to the White House, General Motors, Toyota, Ford and other carmakers have announced plans to expand US plants or shift production from overseas to make use of underutilized factories, as the industry navigated measures such as a 25-percent levy on imported autos. But as the president's allies in the Republican party look ahead to mid-term elections in November, the gains to the US carmaker profile look more incremental than…
After falling in 2025, employment in the US automotive industry rose again in 2026, reaching nearly 1.8 million employees in September.
Trump's customs duties have not led to the spectacular revival of the automobile industry, according to analysts.
The customs duties imposed by US President Donald Trump have not led to the spectacular revival of the automotive industry that he prides himself on, according to analysts, and they make a more contrasting assessment.
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- 60% of the sources are Center
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