President Donald Trump said he spoke with Canadian Prime Minister Mark Carney and that the two would meet after Canada鈥檚 election, amid an intensifying tariff war between the allies.
March 28, 2025tariffs News Updates
Trump, Carney Talk, Plan Meeting After Canada鈥檚 Election
Economist: Tariffs Risk 鈥業rreparable Damage鈥 to US Carmakers
Noted economist Arthur Laffer warns in a new analysis that President Donald Trump鈥檚 tariffs could weaken the ability of U.S. automakers to compete with their foreign counterparts.
March 28, 2025Walmart Invests $6 Billion in Mexico Even as Economy Slows
Walmart de Mexico SAB (Walmex), the local unit of the U.S. retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations and robotic logistics hubs.
March 28, 2025Canada's Carney Holds Back Retaliation Until Next Week
Prime Minister Mark Carney says Canada will fight back against President Donald Trump鈥檚 tariffs on the auto sector, but he did not outline any new retaliatory measures against the U.S.
March 27, 2025Mexico Seeks 鈥楶referential Treatment鈥 From Trump on Tariffs
Mexico's Economy Minister Marcelo Ebrard said the country聽must ensure its exports to the U.S. get a lower tariff fee than others.
March 27, 2025Europe Lashes Out Over Trump Auto Tariffs
European automakers on March 27 decried the U.S. import tax on cars as a heavy burden that will punish consumers and companies alike on both sides of the Atlantic.
March 27, 2025Tariffs on Canada Lumber Risk Pinching Toilet Paper Supply
President Donald Trump鈥檚 promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.
March 27, 2025Canadian Prime Minister Calls Auto Tariffs 鈥楧irect Attack鈥
Canadian Prime Minister Mark Carney said March 26 that President Donald Trump鈥檚 auto tariffs are a 鈥渄irect attack鈥 on his country and that the trade war is hurting Americans.
March 27, 2025Most Carmakers Stand to Feel Pain From Trump's Auto Tariffs
As the fallout from President Donald Trump鈥檚 tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.
March 27, 2025Hyundai Showcases $7.6B Georgia EV Plant, Announces Expansion
Hyundai celebrated the opening of its new $7.6 billion EV factory in Georgia by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year.
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