Automakers warn that Trump tariffs will hike vehicle prices as much as 25%
Automakers warn that Trump tariffs will hike vehicle prices as much as 25%

A trade group representing nearly all major automakers warned on Tuesday that new 25 per cent tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes. All automakers will be impacted by these tariffs on Canada and Mexico, said John...

China challenges Trump tariffs at WTO as package shippers warn of chaos
China challenges Trump tariffs at WTO as package shippers warn of chaos

China filed a World Trade Organization complaint on Wednesday against US President Donald Trumps new 10% tariff on Chinese imports and his cancellation of a duty-free exemption for low-value packages, arguing the actions are protectionist and break WTO rules, reports Reuters. Beijings request...

Asia’s automakers lead decline amid Trump tariffs impact
Asia’s automakers lead decline amid Trump tariffs impact

Shares of Japanese and South Korean automakers, along with their suppliers, plunged on Monday as the region faced a heavy blow from the U.S. President Donald Trumps newly imposed tariffs on Mexico, Canada, and China, reports Reuters. Despite being anticipated, Trumps tariffs rattled major global...