Reported on March 15, 2026, China’s BYD rejected U.S. accusations that its Rayong facility is being used to circumvent tariffs by routing exports through Thailand. The response comes as the Office of the United States Trade Representative (USTR) investigates global “excess capacity” under Section 301, including conce

On March 17, Volvo Cars confirmed it will end U.S. sales of the EX30 and EX30 Cross Country after the 2026 model year, with dealer orders closing on March 20 and production of U.S.-bound vehicles winding down throughout the summer. The model will continue to be sold in Canada, Mexico, and other global markets.
Volvo

Reported on March 13, 2026, U.S. Trade Representative (USTR) has launched an investigation into 16 trading partners, including Thailand, under Section 301 of the Trade Act of 1974, focusing on policies that may contribute to structural excess manufacturing capacity that could hinder efforts to reshore production and

On March 11, United States Trade Representative Jamieson Greer announced the initiation of investigations over the policies and practices of numerous countries under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors. 
As part of its investigation, t

On March 5, a federal judge ruled that the U.S. government must begin paying out more than USD 130 billion in tariff refunds to U.S. businesses after the Supreme Court struck down President Trump's wide-reaching "reciprocal" tariffs. More than 2,000 companies have filed lawsuits seeking refunds for the illegal tariff

On March 2, the U.S. Court of Appeals for the Federal Circuit rejected the Trump administration’s request to delay the fight over refunds of IEEPA tariffs for importers, in steps to reopen the legal proceedings and send the case back to the U.S. Court of International Trade. The court denied the government’s request

On February 27 in a post of his Truth Social, U.S. President Trump expressed his displeasure at the U.S. Supreme Court decision regarding his IEEPA tariffs that he says could allow billions of dollars to be returned to countries and companies that he says have been “ripping off” the U.S. 
”It doesn’t make sense that

On February 26, U.S. Senate Finance Committee Ranking Member Ron Wyden, D-Ore., Small Business Committee Ranking Member Edward J. Markey, D-Mass., and Foreign Relations Committee Ranking Member Jeanne Shaheen, D-N.H., released legislation to require full refunds of Trump’s IEEPA tariffs after they were struck down by

On February 23, it was reported that Mexico’s exports to U.S. end up being benefited by the new tariffs, including the automotive industry.
On February 20, the U.S. Supreme Court ruled that the president lacked authority to impose sweeping tariffs under the IEEPA. Therefore, President Donald Trump enacted a provision

On February 25, U.S. Trade Representative Jamieson Greer said that the U.S. ⁠tariff rate for some countries will go up ‌to 15% or ‌higher ⁠from ⁠the newly-imposed 10%, without naming any specific trading partners or ⁠other ⁠details.
"Right now, ⁠we have the 10% tariff. It'll go up ⁠to 15 % for some and then it may ⁠g

In an investor update, Sansera Engineering announced that passenger‑vehicle ICE components order flow from OEMs in Europe and the US has been delayed, as customers held off on decisions due to tariff‑related uncertainty. Management told investors it expects many of these opportunities to convert into firm export orde

On February 23, U.S. Customs and Border Protection issued a notice to provide guidance that it was now collecting a tariff on all imports, aside from products covered by exemptions and other tariffs, of 10%, the rate first announced by President Donald Trump on February 20 rather than the 15% he promised a day later

On February 20, President Trump announced that in place of the earlier IEEPA-based tariffs, he is imposing a temporary import surcharge of 10% ad valorem for a period of 150 days, in accordance with section 122 of the Trade Act of 1974, beginning on February 24, 2026.
However, by February 21, Trump changed that by po

On February 20, Trump issued an Executive Order ending all International Emergency Economic Powers Act (IEEPA) instituted tariffs, including those ‘reciprocal’ tariffs announced on Liberation Day in April 2025, those implemented for reasons of punishing countries for fentanyl policing, and other ones on countries for

On February 20, U.S. President Trump responded in many ways to the Supreme Court finding that his use of IEEPA tariffs were illegal on his Truth Social platform, as expected, but in one post, Trump laid out his way going forward.
Crediting Justice Brett Kavanaugh, who was not in the majority on the court’s 6-3 findin

On February 20, the U.S. Supreme Court struck down a large portion of President Trump’s expansive tariff agenda, delivering a massive loss for the president that has asserted the power to impose tariffs on any country at any time to advance his economic and foreign policies.
Chief Justice John Roberts delivered the o

On February 17 in a posting on Truth Social, President Trump announced that Japan is making its first investments of the USD 550 billion promised in a recent trade deal.
“I am pleased to announce three TREMENDOUS Projects in the Strategic Areas of Oil & Gas in the Great State of Texas, Power Generation in the Great S

On February 16, Japan’s Ministry of Land, Infrastructure, Transport and Tourism announced that it will establish a simplified safety screening system for U.S.-made cars to support Toyota Motor and other Japanese OEMs that plan to reverse-import vehicles produced in their U.S. plants.
The new certification method will

Following the start of the Trump administration’s second term, the tariff landscape facing Korea’s automotive industry has once again entered a period of heightened volatility. Toward the end of 2025, Korea secured a temporary reduction in tariffs on Korean-made vehicles from 25% to 15%, contingent on bilateral negot

On February 12, Trump administration officials signed a final reciprocal trade agreement that confirmed a 15% U.S. tariff rate for imports from Taiwan, while committing Taiwan to a schedule for eliminating or lowering tariffs on nearly all U.S. goods, removing non-tariff barriers on motor vehicles and accepting U.S.