Auto Tarrifs

EU Slams Trump’s Auto Tariffs, Expresses Deep Regret Over Trade Move

In a move that has escalated transatlantic trade tensions, European Commission President Ursula von der Leyen strongly condemned U.S. President Donald Trump’s announcement of a 25-percent tariff on all auto imports. The decision has sparked criticism from global leaders, raising concerns over economic stability and international relations. “I deeply regret...

Canada Condemns Trump’s Auto Tariffs As ‘Direct Attack’ On Workers

Canadian Prime Minister Mark Carney voiced strong opposition on Wednesday to U.S. President Donald Trump’s decision to impose import tariffs on cars, calling it a "direct attack" on Canadian workers. The move has heightened trade tensions between the two nations, with Canada vowing to respond decisively. "We will defend our...

Trump Imposes 25% Tariff On Imported Autos, Aims To Generate $100 Billion In Tax Revenue

President Donald Trump announced on Wednesday the imposition of a 25% tariff on imported automobiles, a move that the White House claims will bolster domestic manufacturing but may also pose financial challenges for automakers reliant on global supply chains. A Strategy to Reshape the Auto Industry “This will continue to...