00:00 Speaker A
We’re going to move on to Autos here. The New York International Auto Show kicking off today as automakers deal with the fallout from President Trump’s 25% tariffs on auto imports. Yahoo Finance’s senior Autos reporter Pras Subramanian is live from the floor of the New York International Auto Show show with more. Pras, what do you got for us?
00:32 Pras Subramanian
Hey Maddie, you know, 125 years ago, the first New York Auto Show opened its doors and I think surely thereafter that there was, they were talking about tariffs back then. So you know, time is a flat circle and yet again the topic du jour today here in 2025 is tariffs. Automakers talking about how they can respond to it. Some of them tell me they’re going by day-to-day, month-to-month, how they’re going to respond via prices or incentives, things like that. Other automakers tell me that you know, if they get the exemption for auto parts, that might actually help a lot. Might actually be a big, a big difference to them and they could possibly live with the foreign export, foreign export tariffs that, that Trump has, has put in place. But in the here and now at this show right now, a few interesting cars we’re going to see later today. So Subaru’s trail seeker EV just, just got unveiled. Interesting little SUV there, but it’s a full EV, right? Uh, Kia’s EV4, another EV that we’re going to see later. Uh, that’s sort of adding to that portfolio of EVs that Kia has sort of successfully been selling here in the US. And finally, Hyundai with the Palisade, which is going to happen any minute now, an SUV that’s very, very, very, a big seller for them.