Reason Magazine
•Technology
Technology
Trump's tariffs are already raising car prices and hurting automakers
Summary
Nutrition label
70% Informative
Ford Motor Co. will raise prices on three of its models by as much as $2,000 apiece.
Toyota predicts a $1.3 billion hit from President Trump 's tariffs in April and May alone.
Ford brags that it "leads all automakers in U.S. production volume and exports".
VR Score
76
Informative language
76
Neutral language
44
Article tone
formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
https://itif.org/publications/2025/02/21/intermediate-goods-the-hidden-cost-of-blanket-tariffs/https://www.nytimes.com/2025/05/08/business/toyota-earnings-trump-tariffs.htmlhttps://www.reuters.com/business/autos-transportation/ford-pulls-guidance-warns-it-will-take-15-billion-hit-trumps-tariffs-2025-05-05/https://www.whitehouse.gov/presidential-actions/2025/03/adjusting-imports-of-automobiles-and-autombile-parts-into-the-united-states/https://www.nytimes.com/2025/03/26/us/trump-tariffs-auto-cars.htmlhttps://www.nbcnews.com/politics/donald-trump/trump-says-couldnt-care-less-automakers-raise-prices-tariffs-rcna198731https://media.ford.com/content/fordmedia/fna/us/en/news/2024/05/22/ford-is-america_s-automaker-again--with-most-vehicles-assembled-.htmlhttps://www.reuters.com/business/autos-transportation/ford-hikes-prices-mexico-produced-models-citing-tariffs-2025-05-07/https://www.nytimes.com/interactive/2025/03/04/business/economy/car-tariffs.htmlhttps://pressroom.toyota.com/toyota-motor-north-america-reports-2024-u-s-sales-results/https://www.visualcapitalist.com/visualized-where-automakers-build-cars-sold-in-america/https://www.cnbc.com/2025/05/06/rivian-rivn-earnings-q1-2025.html?utm_campaign=heatmap_am&utm_medium=email&_hsenc=p2ANqtz-_C3HCdodtHIfdOR0VxbeJCzGCRhfDVMKYPT7OQcTS2jgHESEw2fHFQiCSYMC778nOme2tMaPJs0iPQ4Z7XPWmgmONMeg&_hsmi=360542347&utm_content=360542347&utm_source=hs_email
Source diversity
9