Tag: President Donald Trump
Trump unlikely to enforce auto tariffs on April 2
The Trump administration is unlikely to implement automobile tariffs on April 2, marking a significant shift from its original trade policy. This news was...
Weekly roundup: Fed holds rates steady, Stellantis & Ford rush shipments...
Earlier this week: Fed holds rates steady, warns inflation may rise due to tariffs. Stellantis ramps up U.S. shipments ahead of tariff deadline. Ford...
Fed holds rates steady, warns inflation may rise due to tariffs
The Federal Reserve announced on Wednesday that it is to keep its benchmark interest rate unchanged at around 4.3% while raising its inflation forecast...
Ford races against time to transport engines before April 2
Days before President Donald Trump's 25% tariffs on imports from Canada and Mexico take effect, Ford has scrambled to move as many assembled engines...
Trump imposes 25% tariff on all steel, aluminum imports
Effective today, March 12, the United States will impose a 25% tariff on all steel and aluminum imports under the second round of President...
UAW Shawn Fain backs Trump’s auto tariffs to protect American jobs
United Auto Workers (UAW) President Shawn Fain has announced his support of President Donald Trump’s newly imposed North American auto tariffs, citing them as...
U.S. reevaluates USMCA tariffs as Mexico gets temporary relief
President Trump has announced a temporary suspension of new tariffs on Canadian and Mexican goods covered under the U.S.-Mexico-Canada Agreement (USMCA). The pause, effective until April...
Tesla’s stock continues to dip sparking investor concerns
Tesla has lost almost all of its post-election gains as shares decline for the seventh consecutive week, marking the longest downturn in its 15-year...
Weekly roundup: Trump addresses Congress, Tesla boycotts grow, Stellantis boosts U.S....
Earlier this week: Trump delivers speech to Congress, boasting achievements. 'Tesla Takedown' movement sparks nationwide protests and boycotts. Stellantis commits to ramping up U.S....
Stellantis commits to ramping up U.S. manufacturing after one-month tariff exemption
The automotive industry is taking a deep breath after President Trump announced a one-month tariff exemption on auto imports that comply with the USMCA...
