Tariffs On Automakers
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Stock Markets Surge Amid Reports Of US's Tariff Relief To Automakers
Stock markets advanced on Tuesday following news that Donald Trump plans to spare automakers from some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war.
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Donald Trump Likely To Ease Tariffs Impact On Automakers: Report
The shift means companies paying 25 percent tariffs on car imports won't also pay other duties, such as those on steel and aluminum, according to The Wall Street Journal, which was first to report the shift.
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India Backs EV Tariff Cuts for Trump Trade Deal Amidst Auto Lobby Opposition: Report
India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years.
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Donald Trump 'Couldn't Care Less' If Car Prices Rise
US President Donald Trump declared on Saturday that he "couldn't care less" if automakers increase car prices for Americans in the wake of his imposition of import tariffs.
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India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
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Ford CEO Says Trump's Tariff Policy Creating Chaos In Auto Industry
The Trump administration's tariff threats and animosity towards electronic vehicles are producing a "lot of cost and a lot of chaos" for Ford, the automaker's chief executive said Tuesday.
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EU-China EV Tariff Dispute: Beijing Requests Automakers To Stop Expanding in Europe
China is putting demand on its automakers to halt expansion in the European union (EU) due to the increasing conflicts over Electric Vehicles (EV). A hold on active searches is demanded by China. This tension rose when customs taxes levied by the European Union increased significantly
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Automakers Expect Trump Will Delay Decision On Imposing EU, Japan Auto Tariffs
Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars and parts from the European Union and Japan amid an ongoing trade war with China, five auto officials told Reuters.
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Automakers Brace For U.S. Government Report On Import Tariffs
A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the U.S. president to threaten tariffs on imported autos and auto parts by designating the imports a national security threat, auto industry officials said on Friday.
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Volvo Cars Seeks U.S. Tariff Exemption For Chinese-Made SUV
Volvo Cars has asked the Trump administration to exempt the company's Chinese-made mid-size XC60 SUV from new 25 percent tariffs, the latest automaker to seek relief from new levies on imports from China.
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Ford VS Trump: Automaker Refuses To Change Focus Hatch China Production Plans
Recently Ford announced that it would pull out of all segments in the United States apart from the ever popular Mustang, the GT supercar and all SUVs or crossovers that it currently sells. This meant that the likes of the Focus hatchback and the Fusion, Fiesta and the larger Taurus sedan would be cut from the lineup to be replaced by crossovers and...
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EU, Mexico Automakers Blast Trump Auto Tariff Plan
The Trump administration on Thursday came under withering criticism from automakers, foreign governments and others as officials consider imposing tariffs of up to 25 percent on imported cars and parts, a levy that could hike vehicle costs, hurting auto sales and industry jobs.
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Automakers Warn US Tariffs Will Cost Hundreds Of Thousands Of Jobs
Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars.
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Markets Drop After US President Donald Trump Cancels North Korea Meet
Trump North Korea Kim Jong Un Shares of European and Asian automakers skidded on the possibility of import tariffs, while U.S. automakers gained.
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China Threatens Taxing American Cars Over Trade Dispute
In response to the United States President Donald Trump proposing a tariff of $50 billion on imports from China to the United States, China has responded by threatening to do exactly the same. The United States President had included several components that are used by the auto industry in the list of taxable items, including the likes of transmiss...
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Stock Markets Surge Amid Reports Of US's Tariff Relief To Automakers
Stock markets advanced on Tuesday following news that Donald Trump plans to spare automakers from some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war.
-
Donald Trump Likely To Ease Tariffs Impact On Automakers: Report
The shift means companies paying 25 percent tariffs on car imports won't also pay other duties, such as those on steel and aluminum, according to The Wall Street Journal, which was first to report the shift.
-
India Backs EV Tariff Cuts for Trump Trade Deal Amidst Auto Lobby Opposition: Report
India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years.
-
Donald Trump 'Couldn't Care Less' If Car Prices Rise
US President Donald Trump declared on Saturday that he "couldn't care less" if automakers increase car prices for Americans in the wake of his imposition of import tariffs.
-
India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
-
Ford CEO Says Trump's Tariff Policy Creating Chaos In Auto Industry
The Trump administration's tariff threats and animosity towards electronic vehicles are producing a "lot of cost and a lot of chaos" for Ford, the automaker's chief executive said Tuesday.
-
EU-China EV Tariff Dispute: Beijing Requests Automakers To Stop Expanding in Europe
China is putting demand on its automakers to halt expansion in the European union (EU) due to the increasing conflicts over Electric Vehicles (EV). A hold on active searches is demanded by China. This tension rose when customs taxes levied by the European Union increased significantly
-
Automakers Expect Trump Will Delay Decision On Imposing EU, Japan Auto Tariffs
Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars and parts from the European Union and Japan amid an ongoing trade war with China, five auto officials told Reuters.
-
Automakers Brace For U.S. Government Report On Import Tariffs
A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the U.S. president to threaten tariffs on imported autos and auto parts by designating the imports a national security threat, auto industry officials said on Friday.
-
Volvo Cars Seeks U.S. Tariff Exemption For Chinese-Made SUV
Volvo Cars has asked the Trump administration to exempt the company's Chinese-made mid-size XC60 SUV from new 25 percent tariffs, the latest automaker to seek relief from new levies on imports from China.
-
Ford VS Trump: Automaker Refuses To Change Focus Hatch China Production Plans
Recently Ford announced that it would pull out of all segments in the United States apart from the ever popular Mustang, the GT supercar and all SUVs or crossovers that it currently sells. This meant that the likes of the Focus hatchback and the Fusion, Fiesta and the larger Taurus sedan would be cut from the lineup to be replaced by crossovers and...
-
EU, Mexico Automakers Blast Trump Auto Tariff Plan
The Trump administration on Thursday came under withering criticism from automakers, foreign governments and others as officials consider imposing tariffs of up to 25 percent on imported cars and parts, a levy that could hike vehicle costs, hurting auto sales and industry jobs.
-
Automakers Warn US Tariffs Will Cost Hundreds Of Thousands Of Jobs
Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars.
-
Markets Drop After US President Donald Trump Cancels North Korea Meet
Trump North Korea Kim Jong Un Shares of European and Asian automakers skidded on the possibility of import tariffs, while U.S. automakers gained.
-
China Threatens Taxing American Cars Over Trade Dispute
In response to the United States President Donald Trump proposing a tariff of $50 billion on imports from China to the United States, China has responded by threatening to do exactly the same. The United States President had included several components that are used by the auto industry in the list of taxable items, including the likes of transmiss...
