SC automaker would take biggest hit from Trump's tariffs, new report shows
SC automaker Volvo Cars could face the biggest negative impacts from president-elect Donald Trump's proposed tariffs, according to a report from S&P Global.
How Trump's Mexico tariffs could hurt Europe's auto industry
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report
Carmakers in the U.S. and Europe could lose up to 17 percent of their combined annual core profits in a worst-case scenario if the U.S. imposes steep tariffs on Europe, and two key U.S. allies,
Trump’s tariff pledge could impact the U.S. automobile industry
President-elect Donald Trump pledges to impose 25% tariffs on imports from Canada and Mexico. CNN’s Vanessa Yurkevich explains what this means for the automobile industry in the U.S.
Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would get more expensive.
'Europe's Detroit' built a thriving car industry. Trump tariffs now threaten to unravel its success
A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First" economic agenda.
Cars Are About to Get Even More Expensive Thanks to Trump's Tariffs
Trump's threatened tariffs will hit the bottom line of U.S. automakers importing vehicles, and experts say that cost will no doubt be passed on to customers.
GM and other US automakers would take big hit from Trump tariffs
By Cassandra Garrison, David Shepardson, Ben Klayman MEXICO CITY/DETROIT (Reuters) -U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.
The imported cars and SUVs most at risk of price hikes under Trump's tariff plan
President-elect Trump announced on Monday plans to levy 25% tariffs on goods from Canada and Mexico.
Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
Ferrari is thought to be a special case among Europe’s automobile sector even as many car giants come under pressure from the ...
How Trump’s tariffs could spark a trade war and ‘Europe’s worst economic nightmare’
European countries could be among those hardest hit if Trump follows through on tariffs. The European Union says it wants to ...
Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says
Analysts and experts fear the tariffs could be more damaging for European car makers and their suppliers than any direct ...
As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity
At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to ...
How Europe can avoid a trade war in a 2nd Trump term
The EU will need to respond if Trump implements his proposals for sweeping tariffs, but it has to be careful not to escalate ...
With Trump on Deck, Europe Reaches for Its Checkbook
The return of Trump means the continent will spend more for its own defense, and embrace a greater independence.
Europe markets close lower; autos stocks fall 1.7% as investors digest Trump tariff threats
European stocks are heading for a lower open as investors assess the global implications of Donald Trump’s plans to hike ...
Why Trump’s tariffs on his closest allies should send a shudder through Britain
When Donald Trump inked a new deal with America’s two largest export partners at the start of 2020, he hailed it as a ...
Trump proves he is serious on tariffs - but it's not about trade
The popular wisdom had become that he wasn’t really that serious, and the key bit of evidence for that was his nomination of ...
Biden says he hopes Trump rethinks tariff threats on Canada and Mexico
President Biden spoke with reporters on Thanksgiving and said he hopes President-elect Trump reconsiders tariffs on imports from Mexico and Canada.