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Trade pact would lower tariffs on car imports from Japan to 15% from 25%, spurring hope that other countries could get ...
Automakers might increase prices moving forward, according to a report from the intelligence firm AlixPartners.
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
As U.S. manufacturers slow down on EVs, it could lead to real issues of consumer choice for Canadian drivers. Also, Chinese brands pick up steam in Europe.
Detroit carmakers criticized the Trump administration's new trade pact with Japan that will cut tariffs on Japanese imports, including autos. "Any deal that charges a lower tariff for Japanese imports ...
The American Automotive Policy Council, which represents the Detroit 3, criticized a deal giving Japan lower import tariffs than the U.S. automakers.
President Trump calls his new trade agreement with Japan the “biggest deal ever,” claiming it will bring $550 billion in ...
Hopes for a tariff breakthrough for other major exporters surged on Wednesday, leading to a jump in shares of Europe's top ...
General Motors’ profit declined 35% in its second-quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year financial outlook that it ...
Ford (F), and Chrysler-parent Stellantis (STLA) voiced concerns Tuesday over a trade deal that would reduce tariffs on Japanese auto imports to 15%.
The Trump administration’s tariffs are hitting companies that do business in the United States. But prices haven’t reflected them yet in many cases.
The agreement - including a 15% tariff on all imported Japanese goods, down from a proposed 25% - is the most significant of the string of trade deals the White House has reached ahead of an approachi ...
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