The President has not indicated that tariffs levied against China could be paused like those against Canada and Mexico
Both the Lincoln Nautilus and Buick Envision are built in China and sent to the US. Approximately $15-20 billion in Chinese-made car parts are exported to America. China has a particularly strong grasp on the market for electric vehicle batteries. Tariffs have been making plenty of headlines lately, with President Donald Trump first imposing, then pausing, duties on imports from Mexico and Canada. But the latest round, a new 10% tariff on Chinese imports, is poised to shake up the U.S.
So far, none of these brands have confirmed whether the new tariffs will force them to adjust pricing or shift production, but it’s safe to assume they won’t absorb the cost without passing at least some of it onto buyers. “It’s mainly GM and Ford that are really hit from a volume standpoint,” GlobalData vice president of automotive research Jeff Schuster told CNBC . “Our domestic guys are the ones taking the brunt of this, at least for full vehicles ... but it can be muted to some extent.
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