U.S. and China slash tariffs in surprise trade truce
In a move few expected, the United States and China agreed on Monday to a sweeping rollback of the tariffs that had fueled fears of a global trade war and...
TSLA337.720-1.58%
GM84.100-0.27%
F13.960-0.0851%
RIVN14.470-0.4003%
CYD45.080-1.35%
HMC32.1550.255%
TM189.8150.635%
CVNA68.450-1.64%
PAG218.1550.205%
LAD367.610-1.91%
AN203.105-1.855%
GPI256.405-3.275%
ABG211.0102.47%
SAH81.7501.49%
TSLA337.720-1.58%
GM84.100-0.27%
F13.960-0.0851%
RIVN14.470-0.4003%
CYD45.080-1.35%
HMC32.1550.255%
TM189.8150.635%
CVNA68.450-1.64%
PAG218.1550.205%
LAD367.610-1.91%
AN203.105-1.855%
GPI256.405-3.275%
ABG211.0102.47%
SAH81.7501.49%
TSLA337.720-1.58%
GM84.100-0.27%
F13.960-0.0851%
RIVN14.470-0.4003%
CYD45.080-1.35%
HMC32.1550.255%
TM189.8150.635%
CVNA68.450-1.64%
PAG218.1550.205%
LAD367.610-1.91%
AN203.105-1.855%
GPI256.405-3.275%
ABG211.0102.47%
SAH81.7501.49%
Trump’s Tariffs
Trump, Starmer strike potential U.S.-UK trade deal with cuts to car, steel tariffs
On Thursday, President Donald Trump and British Prime Minister Keir Starmer announced a limited bilateral trade agreement that cuts U.S. tariffs on British cars and steel, expands agricultural market access...
Toyota warns profits will drop about 20% as tariffs, weak dollar squeeze margins
Toyota expects its annual operating profits to fall by 20% as a weaker U.S. dollar and new trade tariffs under President Trump weigh heavily on earnings, the company announced Thursday.Â
The...
BMW expects U.S. tariff relief by July, holds 2025 outlook as rivals retreat
The German automaker, BMW, said Wednesday that it expects some U.S. auto tariffs to decline starting in July, noting discussions with American policymakers and signaling confidence in its 2025 financial...
Volvo to cut 125 jobs at U.S. plant amid trade pressures and market shifts
Volvo Cars said it will cut approximately 125 jobs, or 5% of the workforce, at its Charleston, South Carolina factory as the company adjusts to shifting market conditions and evolving...
GM cuts shifts in Ontario plant, impacting 700 jobs due to auto tariffs
General Motors (GM) will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as the automaker adjusts its North American operations in response to President...
Jaguar Land Rover resumes U.S. shipments after tariff-related halt
Jaguar Land Rover (JLR)has resumed shipping vehicles to the United States after a nearly month-long suspension triggered by President Donald Trump’s 25% tariff on imported cars and light trucks.
The first...
GM slashes profit outlook amid $5 billion tariff threat
General Motors (GM) has cut its 2025 profit forecast, warning it could take a hit of up to $5 billion due to auto tariffs levied under President Donald Trump’s latest...
Aston Martin curbs U.S. shipments to offset tariff impact
Aston Martin Lagonda Global Holdings Plc is scaling back U.S. shipments to cushion the impact of new auto tariffs imposed by President Donald Trump, the company said Wednesday. While the...
Trump to ease auto tariffs, reimburse automakers and soften parts duties
President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers and limiting overlapping duties on imported materials, according to people...
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