Foreign carmakers threaten to withdraw cheapest models from U.S. market over USMCA uncertainty
Updated
Updated · The Wall Street Journal · Apr 28
Foreign carmakers threaten to withdraw cheapest models from U.S. market over USMCA uncertainty
13 articles · Updated · The Wall Street Journal · Apr 28
Nissan, Hyundai, and Toyota warn the Trump administration that 25% tariffs and USMCA changes could force them to stop selling affordable cars like the Sentra and Venue in the U.S.
These models, often priced under $23,000, are among the few low-cost options left after Detroit automakers shifted to SUVs and trucks, raising concerns about car affordability for American consumers.
Foreign automakers say ongoing tariffs are making cheap models unprofitable, while the administration pushes for more U.S.-based manufacturing and stricter rules on Chinese parts in any revised USMCA.
With tariffs costing automakers billions, will affordable cars soon vanish from U.S. showrooms?
Automakers face huge tariff losses yet invest billions in U.S. plants. Which trend will ultimately win?
The U.S. aims to reshore manufacturing, but tariffs have cost 30,000 auto jobs. Is the policy backfiring?
With U.S. tariffs crippling its top industry, is Mexico being pushed out of the North American partnership?
Reagan's 1980s auto tariffs cost $160,000 per job saved. What is the economic cost today?