Trump wants auto loan interest deductions; retailers react to tariffs

President Donald Trump signs an executive order in the Oval Office of the White House on March 26. Trump said he will be implementing a 25 percent tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the U.S. and setting the stage for an even broader push on levies. — President Donald Trump signs an executive order in the Oval Office of the White House on March 26. Trump said he will be implementing a 25 percent tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the U.S. and setting the stage for an even broader push on levies. (BLOOMBERG)

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March 28, 2025 06:50 PM

President Trump wants auto loan interest deductions for U.S.-made vehicles. A new analysis says tariffs could cut Stellantis’ earnings by 75 percent this year. Plus, auto dealers emphasize their resilience and adaptability amid tariffs, while expressing confusion over details.

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Trump wants auto loan interest deductions; retailers react to tariffs

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