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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 ...
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 ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
Recent court rulings on the legality of some of President Donald Trump's tariffs give the auto industry a glimmer of hope that it will get some of the long-term trade policy certainty it's been ...
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 ...
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 ...
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.
A decade from now, the current policy regime, with tariffs on parts and imported vehicles, would make the U.S. car industry landlocked, less profitable, and smaller relative to the global industry ...
The US and Japan have finalized a significant trade agreement, opening Japanese markets to US goods, including automobiles, ...
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in ...