The U.S. Commerce Department is asking Taiwan Semiconductor Manufacturing and other Taiwanese companies to prioritize the needs of U.S. automakers to ease chip shortages in the near term, Commerce Secretary …
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U.S. Commerce Department
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- Cars
U.S. tariffs may increase price of insurance, parts, drive up auto thefts
by SpeedLuxby SpeedLuxA threat by the U.S. government to impose tariffs of up to 25 percent on imported vehicles parts could hit customers in unexpected ways: higher repair costs, insurance premiums and …
- General Motors
U.S. import tariffs could mean smaller company, fewer jobs, says GM
by SpeedLuxby SpeedLuxGeneral Motors has warned that higher tariffs on imported automobiles under consideration by the Trump administration could cost jobs and result in “a smaller GM” while isolating U.S. businesses from …