12 h. ago Trump’s Auto Tariff Relief Shields USMCA Auto Parts From 25% Tax

President Donald Trump’s revised auto tariff plan continues — at least for now — an exemption for parts that comply with the free trade agreement spanning North America, a concession desperately sought by industry.

Economics

12 h. ago Auto parts tariff exemption provides ‘certainty and relief,’ says Magna

TORONTO — The head of Magna International Inc. is cheering a tariff exemption for automobile parts compliant with the Canada-U.S.-Mexico Agreement. The U.S. had said last month it would start charging a 25 per cent tariff on all imported auto parts by May 3, but U.S. Customs and Border Protection guidance released Thursday provided clarification. […]

Economics

17 h. ago Auto Workers Welcome Trump’s Tariffs – No Matter What’s Happening on Wall Street

Some auto workers like James Benson Jr. are all-in on President Donald Trump’s trade war — and they don’t mind if it causes some short-term pain for both Wall Street and Main Street.

Society

24 h. ago Factories Key to Trump’s ‘Golden Age’ Urge China Tariff Relief

Almost as swiftly as he has erected his tariff wall around the US over the past 100 days, President Donald Trump has issued exemptions for a select but growing family of products like auto parts and smartphones.

Economics

31 h. ago Canada auto parts get Trump tariff exemption under CUSMA, U.S. says

The bulletin from U.S. Customs and Border Protection says eligible auto parts under the Canada-United States-Mexico Agreement will be subject to a zero per cent tariff.

Economics

42 h. ago GM Lowers Guidance as Trump Tariffs Will Cost Up to $5 Billion

General Motors Co. lowered its full-year profit outlook, just two days after suspending earnings guidance, citing exposure to as much as $5 billion in auto tariffs being levied by President Donald Trump.

Economics

60 h. ago Ontario could be sent into ‘modest’ recession by U.S. tariffs

A new report released Wednesday examined the impacts of steel, aluminum and auto tariffs levied by U.S. President Donald Trump on Canadian exports.

Economics

2 d. ago Stellantis Posts Sales Slump, Suspends 2025 Guidance on Tariffs

Stellantis NV posted weaker sales on slumping demand in North America, while suspending its financial guidance for the year on uncertainty tied to President Donald Trump’s auto tariffs.

Economics

3 d. ago Automakers get some relief on 25% tariffs as Trump signs new executive order

'We just wanted to help them endure this little transition, short term if they can’t get parts we didn’t want to penalize them'

Economics

3 d. ago Trump allège l'impact des tarifs douaniers pour des constructeurs auto

Donald Trump a décidé d'éviter aux constructeurs automobiles produisant aux États-Unis de payer un cumul de tarifs douaniers.

Economics

3 d. ago Trump set to give U.S. automobile industry some relief from multiple duties

The relief will facilitate reshoring American auto manufacturing, says Treasury Secretary Scott Bessent

Other

3 d. ago Trump set to give automobile industry some tariff relief: White House

WASHINGTON — White House Press Secretary Karoline Leavitt said U.S. President Donald Trump is set to sign an executive order on automobile tariffs later Tuesday which is intended to provide some relief to the industry besieged by multiple duties. Leavitt did not provide details about the action but Treasury Secretary Scott Bessent said Trump is […]

Economics

3 d. ago Trump to give auto sector tariff relief to spur move to U.S.

Treasury Secretary Scott Bessent says Trump is committed to bringing automobile manufacturing back to the U.S. and the change will help automakers move production faster.

Economics

4 d. ago Asian Stocks Rise, Futures Gain on Tariff Reprieve: Markets Wrap

Asian stocks advanced and US equity futures gained on expectations President Donald Trump is on track to ease the impact of his auto tariffs, boosting hopes for further dialing down of trade tensions.

Economics

4 d. ago Stocks, US Futures Advance on Auto Tariff Reprieve: Markets Wrap

Asian stocks rose to the highest level in a month on expectations President Donald Trump will ease the impact of his auto tariffs, boosting hopes for further dialing down of trade tensions.

Economics

8 d. ago Posthaste: Job losses ‘unavoidable’ in Canada’s auto sector as Donald Trump doubles down on tariff threat

'I really don’t want cars from Canada' — U.S. president

Economics

9 d. ago US Officials Mull Easing Tariffs Targeting the Auto Industry

The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs.

Economics

9 d. ago Trump says 25% auto tariffs ‘could go up’ for Canada ‘at some point’

Trump made the comment after declining to weigh in on Canada's federal election, which has been dominated by the growing trade war with the U.S.

Economics

2 w. ago Consommation auto: déjà un effet Trump sur les prix des véhicules d’occasion au Québec

On assiste à des hausses des prix de 5% à 10% dans le marché des véhicules d’occasion.

Other

2 w. ago As Trump considers auto tariffs pause, parts exemptions could be key for U.S. industry

DETROIT — President Donald Trump hinted that he might temporarily relieve the auto industry from “permanent” tariffs he previously imposed on the business. The president didn’t specify how long the potential pause would be or what it would entail, but the auto sector is awaiting how rules might change on 25% tariffs based on U.S. […]

Economics