The European Commission had appeared on course for an agreement in which the EU would still have faced a 10% U.S. tariff on most of its exports, with some concessions. Those hopes appear ended after President Trump's threat to impose a 30% tariff by August 1, and following talks between EU Trade Commissioner Maroš Še

Nissan plans to close two plants in Mexico within the next two years, according to reports based on two people with knowledge of the matter.
Nissan is expected to shut down its nearly 60-year-old Civac plant in Cuernavaca, the company’s first manufacturing operation outside Japan, no later than March 2027 at the end

Announced on July 16, 2025, the Thailand Board of Investment (BOI) has released a policy package to help Thai businesses adapt to U.S. tariffs and intensifying global trade pressures. Aimed at boosting competitiveness, strengthening supply chains, and expanding market access, the package responds to investor concerns

On July 17, the U.S. Commerce Department announced it had issued a determination to impose preliminary anti-dumping (AD) duties of 93.5% on anode active material (AAM), which includes both synthetic and natural graphite imports from China. 
The effective tariff rate for AAM is now 160% which includes the previously a

On July 16, multiple sources reported that Mercedes Benz South Africa is rethinking its operations at the East London plant as the South African industries that rely on exports are facing major challenges due to upcoming US tariffs. 
Acting Eastern Cape Premier said there are serious concerns that MBSA could leave th

On July 17, multiple media reported that Volvo Cars plans to begin U.S. production of its two most popular crossovers within the next few years to avoid paying a 30% tariff on the imported models.
According to two people familiar with the plan, the company will start building the midsize XC60 in January 2027 at its R

On July 14, naamsa (The Automotive Business Council) announced that it has acknowledged the official communication sent by President Trump to the South African Government, regarding the imposition of a unilateral 30% reciprocal trade tariff.
The announced tariffs have impacted trade, with vehicle exports to the U.S.

On July 14, Daimler Truck North America announced it will lay off around 2,000 employees at five sites across the U.S. and Mexico due to the weak and uncertain freight market caused by tariffs and trade problems that spill over to affect domestic industries.
“As we navigate a challenging economic environment, we’ve s

Reported on July 12, 2025, Thai auto parts manufacturers are bracing for the impact of steep U.S. tariffs and volatile global steel prices, which are two developments threatening to disrupt the automotive supply chain. The Federation of Thai Industries (FTI)’s Auto Parts Industry Club recently convened to address the

On July 14, Volvo Cars announced that it will record a one-off non-cash impairment charge of SEK 11.4 billion in the second quarter of 2025. The charge stems from revised financial assumptions related to the EX90 and ES90 platforms, following past launch delays and newly imposed import tariffs in several key markets.

On July 8, 2025, the Vietnamese government enacted Decree No. 199/2025/ND-CP, updating export and preferential import tariffs to support domestic vehicle production, especially eco-friendly models, and adjust key raw material duties. These changes underscore Vietnam’s commitment to sustainable growth, green vehicle p

On July 14, it was reported that General Motors halted operations at its Silao, Guanajuato pickup plant during the first two weeks of July and plans another two-week shutdown in August.
Although the company confirmed the shutdowns, it framed them as routine, saying they are part of “a standard operating process” to o

On July 13, U.S. President Trump attacked the car trade imbalance between the U.S. and Japan again, days ahead of a scheduled visit by Treasury Secretary Scott Bessent that could apply further pressure to Japan’s minority government.
“They sell us millions and millions of cars a year. We sell them no cars because the

The EU is preparing to step up its engagement with other countries hit by Trump’s tariffs following new threats to U.S. trading partners, according to people familiar with the matter.
Contacts and potential coordination will take place with nations, including Canada and Japan, said the people. The move comes as talks

On July 12, President Trump said the U.S. will impose a 30% tariff on goods from the European Union and Mexico that will take effect on August 1.
Trump revealed the new rates in letters to European Commission President Ursula von der Leyen and Mexico’s President Claudia Sheinbaum posted on his social media site Truth

In response to U.S. tariffs on imported vehicles, Nissan is now considering bringing some production of the body-on-frame Nissan Armada and Infiniti QX80 SUVs from Kyushu, Japan to Canton, Mississippi to meet increasing North American demand for the models, a source with knowledge of the matter said. The Armada, sold

On July 14, Stellantis announced it is postponing production of the 2026 Dodge Hornet compact crossover to “assess the effects of U.S. tariff policies” .
The Hornet, sibling of the Alfa Romeo Tonale, is also built at Giambattista Vico Assembly Plant in Naples, Italy, and is subject to a 25% tariff when shipped into t

On July 10, President Trump posted a letter on his Truth Social site to Prime Minister Mark Carney threatening to impose 35% tariffs on Canadian goods that will take effect on August 1, and wrote that he will increase the levies if Canada retaliates.
Trump and Carney have been in negotiations to come to a trade resol

As of July 11, Tesla has slashed prices on the Model Y in Canada as sales in the country have virtually gone to zero over the last few months. 
As part of its counter-tariff strategy, Canada imposed a 25% “counter-measure surtax” on all passenger cars and light trucks from the U.S. since April 9. This move, on top of