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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could ...
For automobile parts, tariffs were implemented starting May 3, 2025, and adjusted on June 16, 2025. A 10% tariff applies to British-origin parts for British-origin vehicles, while a 25% tariff ...
The auto industry employed just over 1 million workers in the US in May, down more than 22,000 jobs from a year ago, according to data from the Bureau of Labor Statistics.
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Econostrum on MSNMassive Trade Deal with Japan: Trump Slashes Tariffs on Cars, Boosts StocksU.S. President Donald Trump has secured a pivotal trade agreement with Japan that promises to reshape bilateral economic relations. The deal, announced on July 22, includes a significant reduction in ...
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in ...
BIG NEWS! The U.S. and Japan have reached a trade agreement that will reduce tariffs on Japanese vehicles and auto parts to ...
Trade tariffs have become a hot political issue in Canada, whose auto industry is closely tied to US domestic manufacturers, with a number of plants north of the border already seeing the effects ...
LONDON/DETROIT (Reuters) -U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and ...
As long as the tariff outlook remains cloudy, the pain is likely to continue, some industry observers said. Trump said on June 12 that he may raise auto tariffs again. “If we know tariffs are ...
Based on estimates from Cox Automotive and Benchmark Mineral Intelligence on tariffs already in place combined with the planned copper rates, the U.S. auto industry would pay on average minimum ...
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