On August 8, JLR announced that its sales and revenue for Q1 FY 2026 were heavily affected by the 27.5% US tariffs on cars made in the UK and EU and exported to the US, as well as the planned discontinuation of older Jaguar models before introducing new ones.
These factors also reduced its profitability and cash flow

On August 8, the president of the German Association of the Automotive Industry (VDA) stated that the deal between the EU and the US has so far brought no clarity or improvement for the German automotive industry. 
The sectoral tariffs on cars and automotive parts of 27.5%, which have been in effect since April and M

During a press briefing on August 6, 2025, U.S. President Donald Trump said that he plans to impose a tariff of approximately 100% on semiconductor imports.
President Trump did offer exemptions to companies that are either manufacturing in the U.S. or have committed to do so, saying, “We’ll be putting a tariff of app

Despite President Trump’s recent move to impose a 35% tariff on Canadian goods, most exports from Canada and Mexico remain unaffected due to the United States-Mexico-Canada Agreement (USMCA). Nearly 90% of Canadian exports and over 84% of Mexican exports to the U.S. continue to enter duty-free, shielding key supplier

Ford Motor Co. has spent several days making the case to the public and the Trump Administration that the company is being penalized for its highly North American manufacturing process and described the situation as "urgent", describing the new 15% automotive import tariff deals and remaining sectoral tariffs as disa

On July 31, it was reported that the new tariff hike announced by U.S. President Donald Trump will significantly impact Brazilian exports of trucks over 5 tons and their related auto parts, raising the import tax from 10% to 50%.
The Brazilian auto parts association Sindipeças said that there has been a reversal of p

On July 30, it was reported that Brazil’s federal government rejected BYD’s request to reduce import tariffs on CKD for electric vehicles (EVs) and the government decided to advance the implementation of a 35% import duty on electrified vehicles by 18 months.
The new tariff will take effect in January 2027 instead of

On August 4, U.S. President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the U.S. over that country’s purchases of Russian oil.
“India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits

On July 31, the Department of Trade, Industry and Competition (the dtic) announced a set of measures in response to the imminent 30% tariff hike on South African exports to the United States. These urgent interventions are part of the dtic’s ongoing commitment to protecting jobs, preserving market access in the Unite

On August 1, 2025, the Federation of Thai Industries (FTI) and the Board of Investment (BOI) praised the government for securing a reduction in U.S. import tariffs on Thai goods, from 36% to 19%, bringing the rate in line with Cambodia, Malaysia, Indonesia, and the Philippines. While still higher than Singapore’s 10%

On July 31, U.S. President Trump issued an executive order revising the rates on reciprocal tariffs for about 70 countries. Countries not listed will be charged a baseline 10% tariff.
The higher tariff rates which were scheduled to begin on August 1 will not come into effect until August 7 to give U.S. Customs and Bo

On July 31, U.S. President Donald Trump signed an executive order July 31, increasing tariffs on Canadian imports to the United States to 35%, up from 25% previously. The White House said Canada has “failed to cooperate” in combating the drug crisis and retaliated against the U.S. trade actions with countertariffs on

Announced on August 1, 2025, Malaysia’s exports to the U.S. will be subject to a reduced 19% tariff, effective at 12:01 a.m. EDT on August 7. The reduction follows a July 31 executive order by President Trump that amended tariff rates under the U.S. reciprocal trade framework for select countries.
The move marks a re

Reported on August 1, 2025, the U.S. imposed a 19% tariff on imports from Thailand and Cambodia, well below the 36% previously threatened, after a ceasefire deal between the two countries. The move came amid President Trump’s warning that trade agreements would be suspended unless the deadly border conflict was resol

On July 30, China’s Ministry of Commerce (MOFCOM) announced the holding of trade talks with the U.S. in Stockholm, Sweden from July 28 to 29 local time.
According to the consensus reached, both sides will continue pushing for a 90-day extension of the pause on 24% of reciprocal tariffs of the U.S., as well as counter

On July 31, U.S. President Trump said he extended Mexico’s current tariff rates for 90 days to allow more time for trade negotiations with its southern neighbor. Trump had threatened to impose 30% tariffs on Mexico’s exports starting on August 1, saying President Claudia Sheinbaum’s government hadn’t done enough to h

On July 31, U.S. President Trump announced that “the U.S. has agreed to a Full and Complete Trade Deal with the Republic of Korea”, including a tariff of 15% on Korean goods entering the U.S., and no tariff for U.S. goods entering their country.
Also, ”South Korea will give to the United States USD 350 Billion Dollar