Trump announces 25% tariffs on foreign-built vehicles
4 days, 1 hour ago

Trump announces 25% tariffs on foreign-built vehicles

The Hindu  

U.S. President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week. Japan's Prime Minister Shigeru Ishiba said Tokyo was "considering all kinds of countermeasures", while Canada's Mark Carney branded Mr. Trump's tariffs a "direct attack" on his country's workers. But Washington's levies appeared to raise eyebrows close to home, including from Trump ally and Tesla boss Elon Musk, who said the cost impact on his firm's cars was "not trivial". The association of American Automakers said in a statement on Wednesday that Mr. Trump's tariffs must be implemented in a way that "avoids raising prices for consumers" and preserves the industry's competitiveness. The American Automotive Policy Council representing Detroit's "Big Three" automakers--Ford, General Motors and Stellantis--issued a carefully worded statement on the tariffs, saying it hoped the policy would boost US auto production.

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History of this topic

Trump advisers mull 20% tariff on all US trade partners: Report
Trending News
1 hour, 46 minutes ago

Trump advisers mull 20% tariff on all US trade partners: Report

Hindustan Times  

With the April 2 deadline fast approaching, the Trump administration is rushing to finalise the details of the retaliatory tariffs US President Trump intends to impose, according to a report by the Wall Street Journal. In recent days, advisers have considered imposing global tariffs of up to 20%, which would affect virtually all of the United States's trading partners, according …

How India is bracing for Donald Trump’s ‘reciprocal tariffs’ amid US trade crackdown on ‘all countries’
6 hours, 30 minutes ago

How India is bracing for Donald Trump’s ‘reciprocal tariffs’ amid US trade crackdown on ‘all countries’

Hindustan Times  

Asian countries, including India, face tough decisions and uncertainties, as President Donald Trump has announced that he plans to start his reciprocal tariff push with “all countries", tamping down speculation that he could limit the initial scope of tariffs set to be unveiled April 2. “I haven’t heard a rumour about 15 countries, 10 or 15.” The US president is …

Trump promises 'Liberation Day' on April 2 with tariffs on trade partners: What we know
7 hours, 6 minutes ago

Trump promises 'Liberation Day' on April 2 with tariffs on trade partners: What we know

Hindustan Times  

US President Donald Trump has promised to unleash a fresh round of tariffs targeting both allies and adversaries alike, signaling an aggressive stance on trade policy as he approaches what he has dubbed "Liberation Day" this Wednesday. The Trump administration imposed an additional 20 per cent tariff on Chinese goods, alleging that Beijing's role in the global fentanyl trade justified …

Donald Trump’s reciprocal tariffs on April 2: What happens on ‘Liberation Day’ and beyond?
Trending News
7 hours, 37 minutes ago

Donald Trump’s reciprocal tariffs on April 2: What happens on ‘Liberation Day’ and beyond?

The Hindu  

U.S. President Donald Trump has launched a volley of tariffs impacting allies and adversaries this year, promising “Liberation Day” on Wednesday with action targeting countries that have persistent trade gaps with his country. Analysts’ expectations Mr. Trump has not detailed the scale of his reciprocal tariffs, aimed at correcting trade imbalances and practices deemed unfair. ‘America First’ action Similarly, a …

U.S. President Trump says reciprocal tariffs will target all countries
11 hours, 5 minutes ago

U.S. President Trump says reciprocal tariffs will target all countries

The Hindu  

U.S. President Donald Trump said on Sunday reciprocal tariffs he is set to announce this week will include all nations, beyond just a smaller group of 10 to 15 countries. Mr. Trump says he will impose a suite of reciprocal tariffs against nations that charge fees on U.S. exports, promising to match those countries' duties. In February, Mr. Trump signed …

Donald Trump's trade war hits morale among Britain's car makers
15 hours, 2 minutes ago

Donald Trump's trade war hits morale among Britain's car makers

Daily Mail  

Confidence among British car manufacturers crashed this month due to Donald Trump's trade war threats. The US President plans to impose duties of 25 per cent on car imports from this Wednesday – sparking concerns among vehicle makers. According to the Lloyds Bank business barometer – a survey of morale – confidence among manufacturers has fallen more than in any …

Trump tells NBC he 'couldn't care less' if car makers...
1 day, 11 hours ago

Trump tells NBC he 'couldn't care less' if car makers...

Daily Mail  

WASHINGTON, March 29 - U.S. President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he "couldn't care less" if they do. In the NBC News interview, Trump said his permanent tariffs on foreign-made automobiles would be a boost to U.S.-domiciled factories and …

'An uneasy feeling' among White House aides over Trump announcement on Tuesday: report
1 day, 23 hours ago

'An uneasy feeling' among White House aides over Trump announcement on Tuesday: report

Raw Story  

Donald Trump's inner circle is approaching next Tuesday with a great deal of trepidation as the president prepares to launch what he has been promoting at "Liberation Day" with his closest advisers having little idea about what exactly will come out of his mouth this time. Politico is reporting White House insiders have "privately indicated that they’re unsure exactly what …

UK dreams of US trade deal before Trump tariffs
2 days ago

UK dreams of US trade deal before Trump tariffs

Raw Story  

Britain's government is hoping to reach a last-minute post-Brexit trade agreement with Washington to avoid -- or at least mitigate -- more tariffs set to be announced on Wednesday by US President Donald Trump. It is thought that the UK government wants to agree some kind of trade deal ahead of April 2 -- termed "Liberation Day" by Trump, when …

Trump eyes for major escalation in global trade war, presses advisers for tariff escalation ahead of April 2: Report
2 days ago

Trump eyes for major escalation in global trade war, presses advisers for tariff escalation ahead of April 2: Report

Hindustan Times  

US President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday, citing four people familiar with the matter. Trump has continued to tell his advisers that he wants to keep increasing trade measures, and in recent …

Week in politics: Top FDA official forced out, auto tariffs take effect
2 days, 11 hours ago

Week in politics: Top FDA official forced out, auto tariffs take effect

NPR  

Week in politics: Top FDA official forced out, auto tariffs take effect It was an eventful week in politics, one that was dominated by the fallout from a security breach involving a commercial messaging app and the announcement of steep tariffs on imported cars. SCOTT SIMON, HOST: President Trump this week at the White House signing an executive order, imposing …

'Will implement tariffs': Canadian PM tells Trump during 'productive' talk
2 days, 17 hours ago

'Will implement tariffs': Canadian PM tells Trump during 'productive' talk

Hindustan Times  

US President Donald Trump said on Friday that he held a conversation with Canadian Prime Minister Mark Carney amid tensions between the two countries over the ongoing tariff rift. Donald Trump, who upended the world's economy by unilaterally imposing tariffs, said the two leaders agreed on many things. What Carney told Trump Carney's office said in a statement that he …

Trump’s auto tariffs will put more pick-up trucks and SUVs on American roads
3 days, 3 hours ago

Trump’s auto tariffs will put more pick-up trucks and SUVs on American roads

Live Mint  

The manicured lawns of US President Donald Trump ’s Mar-a-Lago resort were crammed earlier this month with beautiful vehicles from European luxury brands like Lamborghini, Ferrari and Bugatti. Unfortunately, his tariffs will also raise vehicle prices in the US, impair competition and further limit the pool of affordable vehicles for American consumers—all while massively denting auto industry profitability. It’s true …

Which carmakers will be worst hit by Trump's 25% auto tariffs?
Trending News
3 days, 4 hours ago

Which carmakers will be worst hit by Trump's 25% auto tariffs?

Firstpost  

Donald Trump on Wednesday declared that the US would levy a 25 per cent tariff on imported cars and critical auto parts starting April 3. Though Donald Trump has said the tariffs would be a “net neutral or maybe good for Tesla," Elon Musk has claimed his EV firm will ‘not go unscathed.’ Reuters CBS quoted Art Wheaton, a transportation …

Trump warned auto execs not to hike prices ahead of his 'great' 25% tariffs: report
3 days, 8 hours ago

Trump warned auto execs not to hike prices ahead of his 'great' 25% tariffs: report

Raw Story  

President Donald Trump warned auto executives not to raise prices ahead of the enactment of his steep 25% tariff, according to a new report. Trump held a call with CEOs from some of America's top vehicle companies earlier this month and "issued a warning," the Wall Street Journal reported Thursday: "They better not raise car prices because of tariffs." The …

US auto industry stunned by tariffs meant to save it
3 days, 15 hours ago

US auto industry stunned by tariffs meant to save it

Raw Story  

by Elodie MAZEIN The 25 percent tariffs on automobiles announced by President Donald Trump are meant to revitalize American industry, but Detroit's giants were stunned Thursday by their scale and faced a beating on Wall Street. Parts not originally manufactured in the United States will face 25 percent tariffs just like finished foreign vehicles. The White House noted that of …

Trump's auto tariffs spark global outcry as price hikes loom
3 days, 15 hours ago

Trump's auto tariffs spark global outcry as price hikes loom

Raw Story  

by Beiyi SEOW and Danny KEMP World powers on Thursday blasted US President Donald Trump's steep tariffs on imported vehicles and parts, vowing retaliation as trade tensions intensify and price hikes appear on the horizon. The American Automotive Policy Council representing the big three automakers warned tariffs must be implemented in a way that "avoids raising prices for consumers" and …

Canada PM Mark Carney calls Trump tariffs ‘direct attack’ but won’t take retaliatory action: Here’s why
Top News
3 days, 19 hours ago

Canada PM Mark Carney calls Trump tariffs ‘direct attack’ but won’t take retaliatory action: Here’s why

Live Mint  

Hours after United States President Donald Trump announced a “permanent” 25 per cent tariffs on auto imports – Canada’s second-largest export business – Canadian Prime Minister Mark Carney termed it as a “direct attack” on the country. We will defend our country.” The Canadian prime minister, however, did not announce any retaliatory measures against the US but said that he …

Will Donald Trump's auto tariffs leave Tesla the biggest winner?
3 days, 23 hours ago

Will Donald Trump's auto tariffs leave Tesla the biggest winner?

Firstpost  

US President Donald Trump announced 25 per cent tariffs on imported cars and key auto parts from April 3. US President Donald Trump has announced 25 per cent tariffs on imported cars and key auto parts. The tax hike starting in April means automakers could face higher costs and lower sales, though Trump argues that the tariffs will lead to …

Auto stocks slump on Trump tariff; Tata Motors tanks over 6%
Trending News
4 days, 2 hours ago

Auto stocks slump on Trump tariff; Tata Motors tanks over 6%

The Hindu  

Auto stocks declined in morning trade on Thursday, with Tata Motors tumbling over 6%, after the U.S. President Donald Trump announced imposition of 25% tariffs on auto imports from April. Among auto components and equipment firms Samvardhana Motherson International slumped 7.59%, Sona BLW Precision Forgings tanked 6.69%, Bharat Forge declined 4.28% and ASK Automotive Ltd went lower by 1.82%. "Mr. …

Donald Trump announced 25% tariffs on auto imports. Who will it impact?
4 days, 3 hours ago

Donald Trump announced 25% tariffs on auto imports. Who will it impact?

Firstpost  

Tariffs are back in the news. US President Donald Trump announced new levies on auto imports ahead of the April 2 deadline: A 25 per cent tariff on vehicle imports to the country. The 25 per cent tariffs also will apply to major automotive parts imports, identified in Trump’s proclamation, which opens a new tab as “engines and engine parts, …

Canadian PM Carney calls Trump’s auto tariffs a ’direct attack’ on his country
4 days, 8 hours ago

Canadian PM Carney calls Trump’s auto tariffs a ’direct attack’ on his country

The Hindu  

Canadian Prime Minister Mark Carney said Wednesday that U.S. President Donald Trump’s auto tariffs are a “direct attack” on his country and that the trade war is hurting Americans, noting that American consumer confidence is at a multi-year low. Mr. Trump said earlier Wednesday that he was placing 25% tariffs on auto imports and, to underscore his intention, he stated …

Trump adds 25% tariff on foreign-made autos, light trucks
4 days, 9 hours ago

Trump adds 25% tariff on foreign-made autos, light trucks

Raw Story  

by Jacob Fischler, Daily Montanan March 26, 2025 President Donald Trump signed an executive order Wednesday to impose a 25% tariff on imported cars and light trucks. Trump, who campaigned on bringing down consumer costs, said during an Oval Office signing event the additional tax on foreign goods would spur U.S. production. And frankly, friend has been oftentimes much worse …

PM Carney slams Trump’s car tariffs as ‘direct attack’ on Canada
Top News
4 days, 9 hours ago

PM Carney slams Trump’s car tariffs as ‘direct attack’ on Canada

Firstpost  

Canadian Prime Minister Mark Carney has slammed US President Donald Trump’s new car import tariffs, calling them a “direct attack” on Canadian workers. Canadian Prime Minister Mark Carney reacted with anger to US President Donald Trump’s car import tariffs, calling them a “direct attack” on Canadian workers. We have other options for those retaliatory tariffs,” he said, adding that he …

Japan PM hits back at Trump's tariffs, eyeing 'appropriate' response to US auto duties
4 days, 9 hours ago

Japan PM hits back at Trump's tariffs, eyeing 'appropriate' response to US auto duties

Firstpost  

US President Donald Trump announced on Wednesday 25 percent tariffs “on all cars that are not made in the United States” effective 12:01 am eastern time on April 3 US President Donald Trump welcomes Japanese Prime Minister Shigeru Ishiba at the White House in Washington, US. File Image: Reuters Japanese Prime Minister Shigeru Ishiba said Thursday that his government is …

Trump announces 25 percent tariffs on cars, ramping up trade war
Trending News
4 days, 11 hours ago

Trump announces 25 percent tariffs on cars, ramping up trade war

Al Jazeera  

US president’s announcement prompts swift backlash from trading partners, including the European Union, Canada and Japan United States President Donald Trump has announced a 25 percent tariff on imported cars and car parts, his latest salvo in a widening trade war that has stoked tensions with partners and allies. “This is very modest.” Calling the move “exciting”, Trump, who has …

Canadian tariffs to hit US cities in Trump-won states hardest: Report
4 days, 11 hours ago

Canadian tariffs to hit US cities in Trump-won states hardest: Report

India Today  

The US cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he's taking with his tariff plans. A new analysis released Thursday by the Canadian Chamber of Commerce detailed the areas most dependent on exports …

Trump announces 25% tariffs on foreign made cars: Going to be permanent
4 days, 11 hours ago

Trump announces 25% tariffs on foreign made cars: Going to be permanent

India Today  

President Donald Trump on Wednesday announced sweeping plans to impose a 25 per cent tariff on all imported cars and light trucks imported into the United States, declaring that the measure will be permanent. "What we're going to be doing is a 25 per cent tariff on all cars that are not made in the United States. The Republican also …

Trump threatens 'far larger tariffs' if EU, Canada unite to cause harm to US
Top News
4 days, 11 hours ago

Trump threatens 'far larger tariffs' if EU, Canada unite to cause harm to US

India Today  

US President Donald Trump said on Thursday that larger tariffs could be placed on the European Union and Canada if they both work together "to do economic harm to the USA." "If the European Union works with Canada in order to do economic harm to the USA, large-scale tariffs, far larger than currently planned, will be placed on them both …

'Very direct attack': How world reacted to Trump's 25% tariff on imported cars
Trending News
4 days, 11 hours ago

'Very direct attack': How world reacted to Trump's 25% tariff on imported cars

India Today  

Several countries, including Japan, Canada and the European Union, have criticised US President Donald Trump for imposing a 25 per cent trade tariff on imported cars and light trucks starting next week, calling it a "very direct attack" on their nation. Canada: Newly-elected Prime Minister Mark Carney issued a strong rebuke, describing Trump’s auto tariffs as a “direct attack” on …

‘We won’t back down’: Global leaders threaten backlash to Trump auto tariff
4 days, 11 hours ago

‘We won’t back down’: Global leaders threaten backlash to Trump auto tariff

Al Jazeera  

Canadian Prime Minister Mark Carney announced that ‘nothing is off the table’ in retaliation to 25-percent car tariffs. “But, of course, if anyone is going to build a plant, it is going to take two, three, maybe four years – beyond Trump’s time in office.” Some industry experts even predicted that the burden of tariffs could grind car manufacturing to …

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues
Trending News
4 days, 13 hours ago

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues

The Hindu  

U.S. President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. Mr. Trump has long said that tariffs against auto imports would be a defining policy of his presidency, betting that …

Trump Places 25% Tariff On Imported Autos In Move That Could Hike Prices
4 days, 14 hours ago

Trump Places 25% Tariff On Imported Autos In Move That Could Hike Prices

Huff Post  

LOADING ERROR LOADING WASHINGTON — President Donald Trump said Wednesday he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “We’ll effectively be charging a 25% tariff.” The tariffs, which the White House expects to raise $100 …

Trump slaps 25% auto tariff on all foreign cars targeting 'friends and foes' to spur U.S. business
4 days, 14 hours ago

Trump slaps 25% auto tariff on all foreign cars targeting 'friends and foes' to spur U.S. business

Daily Mail  

President Donald Trump is slapping a new 25 percent tariff on all foreign-made cars as he tries to spur business in the United States. He got asked directly whether the new tariffs would be good for Tesla – billionaire Elon Musk is a key White House advisor to Trump. President Donald Trump is slapping a new 25% tariff on all …

Trump’s tariff war forces allies to choose resistance or surrender
5 days, 3 hours ago

Trump’s tariff war forces allies to choose resistance or surrender

Live Mint  

President Trump’s trade war is forcing America’s closest allies to choose between fighting back, or acquiescing. The European Union and Canada have led the charge against Trump’s tariffs, threatening their own duties on tens of billions of dollars of American goods after the U.S. leveled blanket tariffs on steel and aluminum, and on imports in North America. She said the …

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues
5 days, 11 hours ago

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues

LA Times  

President Trump arrives at the annual St. Patrick’s Day luncheon at the Capitol in Washington. President Trump said Wednesday he was placing a 25% tariff on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “We’ll effectively be charging a 25% …

Trump has begun another trade war. Here’s a timeline of how we got here
5 days, 17 hours ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty. On his first day in office, Trump also says he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to immediately flesh out plans …

Trump Considers Emergency Powers To Fast-Track Tariffs, Set To Rollout On April 2: Report
5 days, 21 hours ago

Trump Considers Emergency Powers To Fast-Track Tariffs, Set To Rollout On April 2: Report

ABP News  

US President Donald Trump is reportedly considering a two-step strategy to implement his new tariff regime, which may include invoking emergency powers to impose immediate duties on imports while formal trade investigations continue. The report, citing sources, suggested that various legal options are under review, including Section 301 investigations, the International Emergency Economic Powers Act, and Section 338 of the …

Trump softens stance on ‘reciprocal tariffs’ as April 2 nears, may implement tailored duties: Report
1 week ago

Trump softens stance on ‘reciprocal tariffs’ as April 2 nears, may implement tailored duties: Report

Firstpost  

The shift toward a narrower focus would be a departure from earlier plans to introduce a broader three-tiered tariff framework encompassing high, medium and low categories for virtually all US trading partners Donald Trump has softened his stance on tariffs to be imposed on April 2. AP President Donald Trump is set to implement his so-called reciprocal tariffs on April …

Global share markets: Asian equities falter as Trump's ‘Liberation Day’ tariffs edge closer
Trending News
1 week ago

Global share markets: Asian equities falter as Trump's ‘Liberation Day’ tariffs edge closer

Firstpost  

Since returning to office in January, Trump has reignited tensions with key allies by reviving protectionist rhetoric and threatening a swathe of import duties, including on steel and cars– moves that have rattled financial markets from Tokyo to Frankfurt Asian markets on Monday remained mixed as investors attempted to calibrate strategies in preparation for the Trump tariffs expected to come …

‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift
1 week, 2 days ago

‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift

Firstpost  

Trump, who keeps touting April 2 as America’s “liberation day”, has repeatedly lauded his reciprocal tariff plan, which would assign tariff rates to all countries matching their own respective tariffs on US goods US President Donald Trump Friday hinted that there would be “flexibility” on his reciprocal tariff plan, slated to go into effect on April 2. Trump, who keeps …

What the Centre told Rajya Sabha about Donald Trump's tariffs
1 week, 3 days ago

What the Centre told Rajya Sabha about Donald Trump's tariffs

Hindustan Times  

The Narendra Modi government on Friday said that there has been no imposition of country-specific, including reciprocal tariffs by the United States on India. US President Donald Trump said he has a “very good relationship” with India, but the “only problem” he has with the country is that it is “one of the highest tariffing nations in the world.” While …

Trump Believes India May Lower Tariffs On US, But Reiterates April 2 Deadline
1 week, 4 days ago

Trump Believes India May Lower Tariffs On US, But Reiterates April 2 Deadline

ABP News  

US President Donald Trump said on Wednesday that he believes India will likely lower the tariffs imposed on American goods, but reiterated the April 2 deadline. President Trump has repeatedly emphasised the April 2 deadline ever since he announced retaliatory tariffs against several countries imposing high duties on American imports, including India. The development comes just days after Trump made …

Trump tariffs are stalling investment plans of automakers and part suppliers as they await clarity: Report
1 week, 6 days ago

Trump tariffs are stalling investment plans of automakers and part suppliers as they await clarity: Report

Hindustan Times  

Automakers and part suppliers are waiting for clarity on US President Donald Trump’s trade policy before deciding how to proceed with US investments. “Something concrete has to be put on the table,” a Bloomberg report quoted Volkswagen CEO Oliver Blume as having said during the company’s annual press conference last week. “The industry is in paralysis,” the report quoted Michael …

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
2 weeks ago

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’

Hindustan Times  

Donald Trump said on Sunday that he has no intention to create exemptions on steel and aluminium tariffs and said that reciprocal tariffs on US trade partners will be imposed on April 2 alongside sectoral tariffs. Reciprocal tariffs would mean that the Trump administration would impose tariff rates on imports into the US based a calculation incorporating tariff and non-tariff …

Trump says there will be no exemptions from steel and aluminum tariffs
Trending News
2 weeks ago

Trump says there will be no exemptions from steel and aluminum tariffs

CNN  

CNN — President Donald Trump has said he doesn’t intend to create exemptions from steel and aluminum tariffs and that additional sectoral, as well as reciprocal tariffs will be imposed on April 2. When asked Sunday if he would consider any exemptions on those tariffs, he replied: “I have no intention of it.” But it risks igniting a global trade …

Trade, tariff, traffic & Trump | Choppy trade waters
2 weeks, 1 day ago

Trade, tariff, traffic & Trump | Choppy trade waters

India Today  

With the sword of reciprocal tariffs hanging over its head, India lost no time in trying to seal a trade deal with the United States that aims to increase bilateral trade from $200 billion at present to $500 billion by the turn of the decade. But neither that deal nor India’s decision to lower tariffs on some US imports like …

Wall Street’s ‘week of drama’ on Trump chaos: Tariff hikes to Mag 7 group—5 key factors that moved US stock market
2 weeks, 1 day ago

Wall Street’s ‘week of drama’ on Trump chaos: Tariff hikes to Mag 7 group—5 key factors that moved US stock market

Live Mint  

Wall Street's ‘week of drama’ on Trump chaos: US stocks logged a sharp rebound in the previous session after the benchmark S&P 500 entered the correction phase earlier this week with a massive $5 trillion plunge. Top five factors that drove the US stock market: 1.Donald Trump's tariff chaos On Wednesday, Trump imposed 25 per cent tariffs on all steel …

Elon Musk’s business faces the brunt of Donald Trump’s tariff policies? Tesla and SpaceX raise concerns to USTR
2 weeks, 2 days ago

Elon Musk’s business faces the brunt of Donald Trump’s tariff policies? Tesla and SpaceX raise concerns to USTR

Live Mint  

Billionaire and DOGE head Elon Musk's companies, Tesla and SpaceX, have sent letters to the US Trade Representative Jamieson Greer highlighting the issues with Donald Trump's tariff policies. Tesla's issue with US tariff policy Tesla, in a letter to Greer, requested to weigh in on the impact of tariffs aimed to address “unfair trade practices.” “While Tesla recognizes and supports …

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