Economics ❯Trade ❯Tariffs ❯Impact on Industry

Automotive Sector

Trump Sees 50-50 Chance for EU Trade Deal After Japan Tariff Framework

U.S. automakers warn the Japan accord leaves them at a disadvantage under steeper steel, aluminum and parts levies

Hyundai and Kia Q2 Profits Fall on U.S. Auto Tariffs

Trump Threatens 35% Tariffs on Canadian Imports and 30% on EU and Mexico

Nissan Confirms 20,000 Job Cuts and Seven Factory Closures in Sweeping Restructuring

Ford Raises Prices on Mexican-Built Models Due to Trump Tariffs

BMW Reports 26.4% Profit Decline in Q1 as China Weakens, Tariff Concerns Loom

Volvo Cuts 125 Jobs at South Carolina Plant in Response to U.S. Tariffs

Trump and Carney's First Meeting Yields No Breakthrough on Tariffs or Sovereignty

Rivian Revises 2025 Delivery Targets and Spending Plans as Tariffs Drive Costs Higher

US and China Begin Critical Trade Talks in Switzerland Amid Economic Strain

Tesla Faces Steep Sales Declines Across European Markets

U.S. Labor Market Adds 177,000 Jobs in April, Defying Tariff Concerns

Pierre Poilievre to Contest Alberta By-Election After Losing Ottawa Seat

U.S.-India Trade Deal Nears as Tariff Pause Looms

Trump Signs Order to Ease Auto Industry Tariff Burden

Honda Confirms Hybrid Civic Production Shift to Indiana Amid Tariff Pressures

Tesla Reports 13% Drop in Q1 Sales, Missing Analyst Expectations

Trump and Carney Agree to Post-Election Talks as US-Canada Trade Tensions Intensify

Trump’s 25% Tariff on Imported Cars Set to Reshape Global Trade

Trump's Auto Tariffs Intensify Global Trade Tensions