Tag #Auto Tariffs

Showing 1 to 12 of 32 results

politico.eu
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EU-U.S. Trade Deal Lowers Auto Tariffs, But Job Losses Loom

The EU-U.S. trade deal lowers U.S. auto tariffs to 15 percent from 25 percent starting August 1, impacting European automakers who incurred significant losses from previous tariffs, with potential job losses in Europe estimated at 70,000 despite some companies continuing to lobby for further concess...

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36% Bias Score

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theguardian.com
🌐 75% Global Worthiness
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US-Japan Trade Deal: Challenges for American Carmakers in Japan

A US-Japan trade deal opens Japan's car market to US imports, but American manufacturers face challenges due to negative perceptions of US vehicles' reliability and size, coupled with the lack of marketing efforts in Japan, while Japan's automakers will face 15% tariffs on exports to the US.

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44% Bias Score

Responsible Consumption and Production
dailymail.co.uk
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US-Japan Trade Deal: Automakers Divided as Tariffs Slash

President Trump announced a trade deal with Japan lowering tariffs on Japanese auto imports to 15 percent, causing outrage among US automakers who claim it creates an unfair advantage for their foreign competitors, while Japanese automakers celebrate the deal. The deal includes Japan purchasing 100 ...

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60% Bias Score

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aljazeera.com
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Trump Blocks California's Electric Vehicle Mandate, Sparking Legal Battles

President Trump signed resolutions blocking California's plan to phase out petrol cars by 2035, sparking legal challenges from California and 11 other states, impacting 17 states with similar regulations, and escalating conflicts with California Governor Gavin Newsom and Elon Musk.

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60% Bias Score

Climate Action
aljazeera.com
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Global Automakers Halt Financial Guidance Amid US Tariff Uncertainty

Facing US tariff uncertainty, major automakers like Stellantis, Mercedes-Benz, and Volkswagen suspended their financial guidance, reporting significant sales and profit drops in Q1 2024, highlighting the substantial impact of trade policies on the global automotive industry.

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56% Bias Score

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us.cnn.com
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Ford Extends Employee Pricing Amidst Rising Auto Tariffs

Ford extends its employee pricing offer until July 4th to counter rising car prices caused by new tariffs on imported vehicles and auto parts, impacting consumer affordability and the competitiveness of US automakers.

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64% Bias Score

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npr.org
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Automakers Absorb Billions in Tariffs, Delaying Price Hikes

Facing billions of dollars in tariffs on imported goods, major automakers like GM, Stellantis, and Volkswagen are absorbing the costs rather than raising prices, though this strategy is expected to change with the 2026 model year.

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36% Bias Score

Reduced Inequality
forbes.com
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EU-US Auto Tariff Talks Create Market Volatility; 15% Tariff Possible But Unconfirmed

Negotiations between the EU and US on auto tariffs are ongoing, with a 15% tariff a possibility but no final decision yet; the STOXX Europe 600 Automobiles & Parts Index reacted with volatility, ending the week up nearly 4 points after an initial 3.4% jump.

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48% Bias Score

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abcnews.go.com
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GM Profit Down 35%, but Beats Expectations Amidst Tariff Headwinds

General Motors' second-quarter profit fell 35% to $1.89 billion, exceeding expectations despite a $1.1 billion net tariff impact; the company plans $4 billion in US investments to mitigate future tariff exposure and maintains its full-year forecast.

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40% Bias Score

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nbcnews.com
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GM Lowers 2025 Financial Guidance by $4-5 Billion Due to Trump's Auto Tariffs

General Motors reduced its 2025 financial guidance by $4 billion to $5 billion due to President Trump's auto tariffs, impacting its projected earnings, net income, and free cash flow, despite efforts to mitigate costs through internal initiatives and increased domestic sourcing.

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32% Bias Score

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forbes.com
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Modified Auto Tariffs: Billions in Costs Remain for Industry and Consumers

Despite a purported reprieve, the auto industry faces billions in tariffs and higher consumer prices due to President Trump's modified import tariff policy; a 25% tariff on imported vehicles remains, although an offset mechanism is available for U.S.-assembled vehicles meeting specific content requi...

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44% Bias Score

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edition.cnn.com
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Ford Extends Employee Pricing Amidst Rising Auto Tariffs

Ford extends its employee pricing offer until July 4th to counter rising car prices caused by new tariffs on imported vehicles and auto parts, creating uncertainty about future price increases despite some tariff relief.

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44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 32 results