tariffs News Updates

Government, Business, Equipment

Carmakers Stop Plants, Ponder Prices as Trump’s Tariffs Hit

Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars were already reverberating around the globe.

April 4, 2025
Government, Business, Equipment

Canada Hits US Autos With Tariffs, Mirroring Trump’s Move

Canada will put 25% retaliatory tariffs on U.S.-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said April 3.

April 3, 2025
Government, Business, Equipment

Stellantis Pauses Work at Canada, Mexico Plants

Stellantis NV is temporarily halting work at factories in Canada and Mexico as U.S. tariffs begin to impact operations across the automotive industry.

April 3, 2025
Government, Business, Equipment

Sweeping Trump Tariffs Draw Dismay Around the Globe

Sweeping new tariffs announced by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks from countries around the globe.

April 3, 2025
Government, Business

Trump Announces New Tariffs to Promote US Manufacturing

President Donald Trump rolled out a whole new set of tariffs April 2 in a move that experts warn could disrupt transportation and the supply chain.

April 2, 2025
Government, Business

Ontario’s Ford Pushes Canada-US Trade Deal Without Mexico

Ontario’s premier Doug Ford reiterated his call for Canada to strike a bilateral trade deal with the U.S., cutting out Mexico.

April 2, 2025
Government, Business

Risky ‘Reciprocal’ Tariffs Could Reshape Economy

After weeks of White House hype and public anxiety, President Donald Trump is set April 2 to announce a barrage of self-described reciprocal tariffs on friend and foe alike.

April 2, 2025
Government, Business, Equipment

GM, Hyundai Sales Rise as Trump Tariff Fears Spur Car Buying

This past weekend was “by far the best weekend I’ve seen in a very long time,” said Randy Parker, the CEO of Hyundai and Genesis in North America.

April 1, 2025
Government, Business

April 2 Tariffs to Take Immediate Effect, White House Says

President Donald Trump’s sweeping tariffs will take immediate effect after they are announced April 2, his top spokeswoman said.

April 1, 2025
Government, Business, Equipment

Japan to Push for US Auto Tariffs Exemption

Japan’s Prime Minister Shigeru Ishiba said April 1 his government is making last-ditch efforts to get President Donald Trump to exclude his country from an increase in auto tariffs.

April 1, 2025