In Japan, shares of Toyota, Honda and Nissan fell 3.1% or more. In South Korea, Hyundai shares dropped. + In Italy, shares of Jeep maker Stellantis declined more than 3.5% in afternoon trading. Ferrari shares were down around 2.

Shares of global auto stocks, including those of Tesla’s, are falling in premarket trading Monday after U.S. President Donald Trump said in an interview over the weekend that he “couldn’t care less” if automakers increased their prices due to tariffs on vehicle imports.

As a candidate, Trump said he’d lower prices “on day one.” As a president, he’s now saying he “couldn’t care less” if some automakers raise prices.

Senior administration officials, who insisted on anonymity to preview the new tariffs with reporters ahead of Trump's speech, said the taxes would raise hundreds of billions of do

President Trump announced a 25% tariff on all foreign-made automobiles. Those tariffs are set to go into effect Thursday.

President Donald Trump declared a national emergency on Wednesday to impose a wave of reciprocal tariffs across the nation in what the White House has deemed “Liberation Day.” Trump announced reciprocal tariffs on nations charging imports from the United States from the Rose Garden with various industry workers in crowd.

Trump announced he was signing an executive order “instituting reciprocal tariffs on countries throughout the world. Reciprocal—that means they do it to us and we do it to them.” In practice, the White House said that will translate into a new 10 percent tariff on all imported goods,

President Donald Trump on Wednesday announced that his administration will be imposing additional tariffs on all foreign-made cars and imports. He says even higher tariffs will be placed on the EU, China,

President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Trump said Wednesday he will apply a minimum 10% tariff on all exporters to the US and slap additional duties on around 60 nations with the largest trade imbalances with the US.