Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
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Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.Business - The New York Times - 3 days ago -
Trump’s election victory deals blow to US clean energy industry
Developers of solar and battery recycling projects put plans on hold amid concern about policy and federal funding supportWorld - Financial Times - November 11 -
Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report
Carmakers in the U.S. and Europe could lose up to 17 percent of their combined annual core profits in a worst-case scenario if the U.S. imposes steep tariffs on Europe and the key U.S. allies of ...Politics - The Hill - 8 hours ago -
Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories
The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.Business - The New York Times - November 12 -
Trump tariff plan could raise prices, blow up his own trade deal with Mexico, Canada
Trump's plan for tariffs against Canada and Mexico could dramatically raise prices for Americans and threaten a trade agreement negotiated by his own administration.Top stories - ABC News - 2 days ago -
Despite Trump Threat to Tax Credits, Auto Industry Continues Shift to EVs
Carmakers won’t reverse their $160 billion investment in vehicles that don’t use fossil fuels, while EV startup Rivian gets financing for a Georgia factory.Business - Inc. - 3 days ago -
The potential impact of Trump's tariff plan on the steel industry
President-elect Donald Trump plans to put tariffs on Canada, the largest foreign steel supplier to the U.S. Catherine Cobden, president and CEO of the Canadian Steel Producers Association, joins ...Top stories - CBS News - 2 days ago -
How the car industry is exposed to Trump’s tariffs
US president-elect’s pledge to impose tariffs on Mexico and Canada would disrupt sector’s complex supply chainWorld - Financial Times - 15 hours ago -
How to deal with Trump’s tariff threats
Canada, Mexico and China have options to avoid a trade warBusiness - Financial Times - 3 days ago -
Would Trump’s tariffs really be that bad? With Kimberly Clausing
Assessing the arguments for protectionismWorld - Financial Times - November 18 -
Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
Ferrari is thought to be a special case among Europe's automobile sector even as many car giants come under pressure from the threat of U.S. tariffs.Business - CNBC - Yesterday -
European auto industry turns to China for innovation insights
World - Yahoo News - November 21 -
Trump victory deals latest heavy blow to a struggling Germany
Donald Trump's election as U.S. President could be yet another major blow for the struggling German economy.Business - CNBC - November 7 -
The Big Question: who will be hurt the most by Trump’s tariffs?
Will importers or foreign producers take the hit — or will it be US consumers who suffer, as many economists suggest?World - Financial Times - 23 hours ago -
Here’s How China’s Chip Industry Plans to Deal With Trump’s Term
Anticipating further combative interactions over trade, the Chinese semiconductor industry is make new friends and boosting hiring.Business - Inc. - November 11 -
Trump tariffs would hurt US defence sector, warns Beijing adviser
Chinese government-affiliated expert says America would bear brunt of trade measures promised by president-electWorld - Financial Times - November 18 -
Trump's proposed tariffs would raise prices for these products, experts say
“This will directly impact people’s pocketbooks,” one expert said.Top stories - ABC News - November 18 -
Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs
Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.Business - MarketWatch - November 20 -
Mexico's president on Trump threat: 'One tariff would be followed by another in response'
Mexican President Claudia Sheinbaum threatened to retaliate with her own tariffs against the United States, after President-elect Trump suggested he would impose a 25 percent tax on imported goods ...Politics - The Hill - 3 days ago -
Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would get more expensive.Business - Inc. - 2 days ago -
Trump’s tariffs would hurt some of his most loyal supporters
It is ironic that some of the first to feel the sting of his second term may be among his strongest supporters: American farmers.Politics - The Hill - 2 days ago -
Trudeau travels to Florida to meet with Trump at Mar-a-Lago
The Canadian prime minister earlier cautioned that imposing sweeping tariffs on Canadian products would only raise prices for Americans and hurt American businesses.Top stories - CBS News - 9 minutes ago -
Behind Comcast's big TV deal: a bleak picture for once mighty cable industry
The proposed spinoff of Comcast cable channels provides a snapshot of the winners and losers as the cable industry faces increased turbulence.Entertainment - Los Angeles Times - November 21 -
European troops in Ukraine would secure Trump peace deal, says Estonia
Kyiv’s allies consider options on how to guarantee country’s security in any accord brokered by US presidentWorld - Financial Times - November 19 -
Tesla Boosts Wages at German Plant Amid Auto Industry Cutbacks
World - Yahoo News - November 5 -
Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with ...Business - The Wall Street Journal - November 5 -
German auto supplier Bosch to cut 5,500 jobs in further sign of auto industry woes
World - Yahoo News - November 22 -
MLB rumors: Astros would 'love' to bring back Alex Bregman, Willy Adames open to change, Angels add pitching
Here are your offseason rumors for Wednesday, Nov. 6Sports - CBS Sports - November 7 -
More tariffs, less red tape: what Trump will mean for key global industries
Returning US president has promised protectionist trade measures, relaxed regulation and cheaper energy for consumers. US election live: latest updates after Trump’s victory Donald Trump’s ...World - The Guardian - November 7 -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - November 13 -
Germany’s car industry is losing its famous Vorsprung – and it can’t all be blamed on Trump and tariffs | Konstantin Richter
It was once the envy of the world – but now its arrogance and failure to change or take risks lie at the root of its decline. About 50 years ago, a man named Hans Bauer who worked in marketing for ...World - The Guardian - November 14 -
Will Trump’s tariffs cause price hikes in electronics? Here’s how his plans could lead to trouble in the semiconductor industry
The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.Business - MarketWatch - November 16 -
'Europe's Detroit' built a thriving car industry. Trump tariffs now threaten to unravel its success
A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First" economic agenda.Business - CNBC - 2 days ago -
Trump’s Tariff Plan Would Upend Trade Flows, Raise Costs, Draw Retaliation
Visions of another trade war with China and a rise in inflation are only a few of the worries economic experts raise with the prospect of a second term for the GOP hopeful.Business - Inc. - November 4 -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - November 21 -
Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates
The proposed tariffs on China, Canada and Mexico could raise prices for United States consumers, according to Goldman.Business - CNBC - 3 days ago
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