Tariffs, Transitions and Opportunities for Automotive Industry

Tariffs, Transitions and Opportunities for Automotive Industry

Trump’s insane tariffs are devastating for this critical US industry

President Donald Trump has gone from mocking Canada as “the 51st state” and demoting its prime minister to “governor,” to threatening military invasion of Greenland, to siding with Russian dictator Vladimir Putin over Ukraine’s fight for freedom, to...

Swamy Kotagiri, CEO of Magna, a supplier company with a presence in 28 countries, said that they are optimizing production processes by minimizing border crossings. Trump ... ...

United States (US) President Donald Trump's policy regarding a 32 percent reciprocal tariff on Indonesia has the potential to disrupt the domestic automotive industry.

Why Hungary and Slovakia could suffer the most from Trump’s tariffs - DailyNewsHungary

U.S. President Donald Trump has imposed sweeping tariffs on European Union imports, including a 20% general tariff on goods and a 25% tariff specifically targeting automobiles. These measures, effective as of Thursday, are expected to have significant repercussions for the economies of Hungary and Slovakia, two countries deeply intertwined with the EU’s automotive supply chain. Why Hungary and Slovakia are particularly vulnerable Both Hungary an…