On June 29 in an interview on Fox News Sunday Morning Futures, U.S. President Trump noted that among other countries including South Korea and India, that he and Japanese Prime Minister, Shigeru Ishiba have so far failed to reach a deal on tariffs. 
Trump said that with his approaching July 9 deadline, resulting from

On June 30, White House economic adviser Kevin Hassett said that the U.S. will restart trade negotiations with Canada immediately after Canada scrapped its digital services tax targeting U.S. technology firms.
Trump said on June 27 that he was ending all U.S. trade discussions with Canada because of the digital servi

On June 25, it was reported that Brazil will increase import taxes on electrified vehicles (EVs) starting July 1.
The new rates rise from 25% to 30% for HEVs, from 20% to 28% for PHEVs, and from 18% to 25% for BEVs. This is the final adjustment before the full 35% rate is reinstated for all types in July 2026.
The de

On June 27, Trump posted on his Truth Social that he has terminated trade discussions with Canada, citing an incoming Canadian tax on all tech companies, including those based in the U.S., for which the first payment is due on June 30, as “a direct and blatant attack on our Country."
"Based on this egregious Tax, we

On June 25, Hyundai Motor Company reported that its U.S. subsidiary, Hyundai Motor Manufacturing Alabama (HMMA), has sharply cut back on exports in the last two months while it is “redirecting” U.S.-made vehicles to the domestic market instead to help reduce the company’s exposure to the 25% U.S. import tariffs in ef

Possible levies of up to 25% on imported semiconductors has united companies like GM, Ford, and Tesla in voicing concerns to President Trump’s plan for tariffs. It has brought response from 154 stakeholders from varied industry groups and countries that submitted statements related to the ongoing U.S. Commerce Depart

On June 24, the Ministry of Heavy Industries (MHI) announced the portal launch of the application process under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). The application portal will be open for applications from June 24, 2025, and will remain open until October 21, 2025.
The S

On June 21, Toyota Motor Corp. said it will raise prices for some vehicles sold in the U.S. by an average of USD 270 starting in July. Prices for Lexus models will also increase by an average of USD 208.
While Toyota’s decision follows President Trump’s imposition of a 25% tariff on imported vehicles and auto parts,

On June 19, Canadian Prime Minister Mark Carney announced new measures to help stabilize Canada's steel and aluminum sectors that have been hard hit by U.S. President Trump's tariffs, made even worse with low-price imported steel being directed to Canada. 
The new federal program includes a quota on foreign steel and

On June 16, the Society of Motor Manufacturers and Traders (SMMT) issued a statement welcoming the UK-U.S. trade deal. SMMT stated that it will help the automotive sector avoid the severest level of tariffs and enable many manufacturers to resume deliveries imminently.
It will also bolster the confidence of important

On June 16, U.S. President Trump and UK Prime Minister Keir Starmer of Britain said that they had finalized their trade agreement to lower tariffs on British cars, steel and aluminum, and aerospace equipment, finalizing a deal they struck in May to lower barriers on some British goods.
In an executive order issued mo

On June 16, U.S. President Donald Trump and Canadian Prime Minister Mark Carney agreed to put a deadline on sorting out bilateral trade irritants and getting some sort of deal on tariffs in the next 30 days.
The Prime Minister's Office (PMO) said the two leaders met on the sidelines of the G7 summit and agreed the tr