The Trump administration is unlikely to implement automobile tariffs on April 2, marking a significant shift from its original trade policy. This news was first reported by Bloomberg and later...
Earlier this week: Fed holds rates steady, warns inflation may rise due to tariffs. Stellantis ramps up U.S. shipments ahead of tariff deadline. Ford races against time to transport engines...
The Federal Reserve announced on Wednesday that it is to keep its benchmark interest rate unchanged at around 4.3% while raising its inflation forecast and lowering its economic growth outlook,...
Days before President Donald Trump's 25% tariffs on imports from Canada and Mexico take effect, Ford has scrambled to move as many assembled engines from its Essex Engine and Windsor...
Effective today, March 12, the United States will impose a 25% tariff on all steel and aluminum imports under the second round of President Donald Trump's trade policy.
Steel and aluminum...
United Auto Workers (UAW) President Shawn Fain has announced his support of President Donald Trump’s newly imposed North American auto tariffs, citing them as a necessary step to address long-standing...
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April 2, affects about 50% of Mexican...
Tesla has lost almost all of its post-election gains as shares decline for the seventh consecutive week, marking the longest downturn in its 15-year history as a public entity. Last...
Earlier this week: Trump delivers speech to Congress, boasting achievements. 'Tesla Takedown' movement sparks nationwide protests and boycotts. Stellantis commits to ramping up U.S. manufacturing after one-month tariff exemption. UAW...
The automotive industry is taking a deep breath after President Trump announced a one-month tariff exemption on auto imports that comply with the USMCA trade agreement. Stellantis, in particular, publicly...