Latest in Tariff Uncertainty Taxes the Auto Industry
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Pernod Ricard cuts sales outlook on tariff uncertainty
French spirits group hit by slump in Chinese demand for cognac following anti-dumping measuresFinancial Times - 3h -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5h -
Fact-checking Trump's claims that tariffs are a "tax on a foreign country"
President Trump's new 10% tariff on Chinese goods is now in effect. China has retaliated against the U.S. placing up to 15% tariffs on select American imports that go into effect on Monday. CBS ...CBS News - 15h -
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
DETROIT — President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles.NBC News - 18h -
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
The largest impact on vehicles is on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision.CNBC - 19h -
Could Trump's tariffs replace the income tax? Here's what economic policy experts say
During the campaign, President Donald Trump floated an "all tariff policy" he said would replace federal income tax. Here's what economic policy experts say.CNBC - 21h -
Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.CNBC - 1d -
Goods moving across U.S.-Mexico border as uncertainty over Trump's tariffs remains
Businesses near the southern border are continuing the flow of goods between the U.S. and Mexico as they await what will occur after Trump's one-month pause on tariffs expires. CBS News' Jason ...CBS News - 1d -
Top Trump adviser says new tariffs will pay for eliminating taxes on tips
“I can promise you” Trump will nix levies on gratuities, Peter Navarro said Tuesday.MarketWatch - 1d -
Spirits maker Diageo removes medium-term guidance on U.S. tariff uncertainty
The drinks maker has come under pressure from investors amid falling sales, management changes, and a broader trend toward reduced alcohol consumption.CNBC - 2d -
Big tech to tungsten: what industries are the focus of China’s new US tariffs?
Retaliatory tariffs described as ‘political theatre’ as Beijing thought to want to avoid escalating trade war. China unveils US tariffs and Google investigation US China tariffs – live ...The Guardian - 2d -
Tequila has to be made in Mexico. Diageo offers no financial outlook on tariff uncertainty.
The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the uncertainty over tariffs.MarketWatch - 2d -
Global car industry faces anxious wait on US tariffs
Industry braces for tit-for-tat trade war that could spark wave of bankruptcies among parts makersFinancial Times - 2d -
Political uncertainty remains as Trump strikes temporary tariff deals
The impacts of Trump’s long-promised pledge to use tariffs as a political cudgel started to come into focus Monday, even as the president cut last-minute deals.NBC News - 2d -
Why Wells Fargo favors industrial stocks despite new tariffs as S&P 500 stumbles
The industrial sector is one area of the U.S. stock market that looks favorable to Wells Fargo Investment Institute after new tariffs on Canada, Mexico and China.MarketWatch - 2d -
Auto stocks fall as Trump tariffs spark trade war concerns
Shares of auto giants fell sharply on Monday as U.S. President Donald Trump imposed long-threatened tariffs on goods from Canada, Mexico and China.CNBC - 2d -
ESA Warns Trump Tariffs Could "Harm" The Video Game Industry
With tariffs by the US set to take effect on Tuesday, the Entertainment Software Association (ESA) expressed concern about how they may affect the video game industry. In a statement on its ...GameSpot - 2d -
'Is it for a day or four years?' Trump tariff uncertainty spooks small businesses
Entrepreneurs in the US, Mexico and Canada worry that even a short trade war could push up prices and cost jobs.BBC News - 4d -
Trump’s 25% tariffs on Mexico and Canada to challenge the global auto industry
Tariffs announced Saturday by the Trump administration are expected to have a profound impact on the global automotive industry.CNBC - 4d -
'Tariffs are not the answer': Industry and corporate leaders react to Trump duties on Mexico, Canada and China
Industry and corporate leaders are weighing in after the Trump administration confirmed it will move forward with tariffs on imported goods from Canada, Mexico and China.CNBC - 4d -
Trade industry pushes back against the enacted tariffs
The White House said Friday that Trump would impose a 25% tariff on goods entering America from Mexico and Canada and a 10% on Chinese goods starting today.NBC News - 5d -
Canada’s Auto Industry Capital Braces for Trump Tariffs
Windsor, Ontario, right across the border from Detroit, has close ties to the United States but now faces exceptional economic disruption.The New York Times - 5d -
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
DETROIT — As President Donald Trump’s threat to impose 25% tariffs on imports from Canada and Mexico as soon as Saturday looms, the global automotive industry is collectively holding its breath.NBC News - 6d -
Oil ends higher as traders weigh tariff uncertainty, await next move from OPEC+
Oil futures finished higher Thursday as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico.MarketWatch - 6d -
Tariffs are an uncertainty but not a worry, railroad operator Norfolk Southern says
Norfolk Southern shares bounced Wednesday, as the railroad operator helped dispel fears about potential tariffs that had caused a selloff in the previous session.MarketWatch - Jan. 29 -
Auto & Transport Roundup: Market Talk
Read about CSX, Magna International, Alaska Air and more in the latest Market Talks covering the auto and transport sector.The Wall Street Journal - Jan. 24 -
Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress
Tariffs only made up about 2 percent of annual revenue before.Inc. - Jan. 22 -
Trump threatens Putin with taxes, tariffs and sanctions over Ukraine war
US president tells his Russian counterpart to ‘settle now and stop this ridiculous war’ or face repercussions. Donald Trump has threatened Russia with taxes, tariffs and sanctions if a deal to end ...The Guardian - Jan. 22 -
Trump threatens Russia with taxes, tariffs, sanctions if 'ridiculous' Ukraine war not ended
President Trump on Wednesday threatened to impose tariffs and sanctions on Russia if there is no deal to stop the fighting in Ukraine "soon." "I’m not looking to hurt Russia. I love the Russian ...The Hill - Jan. 22 -
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...MarketWatch - Jan. 21 -
‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans
The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.The New York Times - Jan. 19 -
Auto & Transport Roundup: Market Talk
Find insight on Rheinmetall, EasyJet, Renault and more in the latest Market Talks covering the auto and transport sector.The Wall Street Journal - Jan. 17 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
Auto & Transport Roundup: Market Talk
Read about Royal Mail, Leonardo, China’s electric-vehicle sector and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - Jan. 15 -
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.The New York Times - Jan. 15 -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - Jan. 12 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
Auto & Transport Roundup: Market Talk
Gain insight on Renault, Delta and more in the latest Market Talks covering the Auto and Transportation sectors.The Wall Street Journal - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9
