Tag: President Donald Trump
Trump to ease auto tariffs, reimburse automakers and soften parts duties
President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers and limiting overlapping duties...
Trump considers tariff relief for automakers, White House confirms
President Donald Trump is considering exempting automakers from specific tariffs. The White House confirmed the information with CNBC on Wednesday following a report from...
Weekly roundup: Dealers sue Scout, GM stays course in Mexico, Ford...
Earlier this week: California dealers sued VW and Scout Motors to block the direct sales model, seeking $35 million in penalties. GM confirms Mexican...
Trump administration targets imported commercial trucks in national security probe
The U.S. Department of Commerce has launched a new national security investigation into imports of medium- and heavy-duty trucks and related parts, a move...
Trump administration threatens Manhattan project funding over NYC congestion pricing
The Trump administration is threatening to withhold federal funding and block approvals for upcoming transportation projects in Manhattan unless New York City halts its...
Powell warns Trump tariffs could trigger inflation and job losses through...
Federal Reserve Chair Jerome Powell said Wednesday that tariffs and trade policies enacted by President Donald Trump are likely to drive up both inflation...
Mazda halts CX-50 exports to Canada amid tariff impact
Mazda Motor Corp. will suspend exports of its U.S.-built CX-50 compact SUV to Canada starting May 12, a temporary response to the escalating cost...
Weekly roundup: Trump hints at tariff relief, U.S. probes chip imports,...
Earlier this week: Trump signaled possible tariff relief for the auto industry amid supply chain disruptions. The U.S. launches national security probe into semiconductor...
White House threatens action as Colombia eyes new auto rules
The White House is pressuring Colombia to halt new auto safety regulations that could block nearly $700 million in U.S. car exports, warning of...
Trump signals possible tariff relief for auto industry amid supply chain...
President Donald Trump said Monday that his administration is considering easing tariffs on imported auto parts, citing the need to give automakers time to...