On August 29, the president of the German Association of the Automotive Industry (VDA) welcomed the European Commission's proposal to reduce EU tariffs on US industrial goods to zero, as announced in August. VDA now expects the US to reduce tariffs on imports of cars and car parts from the EU to 15%, retroactively to
On August 29, the U.S. Court of Appeals for the Federal Circuit, in a 7-4 ruling, held that the law President Trump invoked when he granted his most expansive tariffs does not actually grant him the power to impose those tariffs, making them illegal. “The core Congressional power to impose taxes such as tariffs is ve
On August 29, the U.S. Commerce Department's Census Bureau announced that the U.S. trade deficit in goods widened sharply in July as imports surged, suggesting trade could be a major drag on economic growth in Q3.
The goods trade gap soared 22.1% to USD 103.6 billion in July, widely surpassing the USD 89.45 billion
On August 28, 2025, Suprajit Engineering Limited stated that the new 25% US tariff, effective August 27, is expected to have minimal impact on its exports. According to the company’s US customs consultants, most of Suprajit's exported parts are unaffected by the new tariff, with only a small subset—estimated at aroun
On August 28, the European Commission announced that it is putting forward two proposals paving the way for the implementation of the EU-US Joint Statement of August 21, 2025. These proposals are the first steps in said implementation and ensure tariff relief by the US for the vital EU automotive sector, starting ret
Mexico's government is set to raise tariffs on Chinese imports, including cars, textiles and plastics, as part of its 2026 budget proposal in September, Bloomberg News reported on August 28, citing three people briefed on the matter.
The initiative seeks both to shield local manufacturers from subsidized Chinese good
At midnight on August 27, a new 25% tariff on Indian goods went into effect, related to India’s purchase of Russian oil, that when added to the 25% tariff that went into effect earlier in August, reached a punishing 50%.
The US Department of Homeland Security’s US Customs and Border Protection said that earlier US se
As tariffs and counter tariffs have been affecting production location choices for automakers, Ford is now considering other potential markets for the Ford Super Duty.
On August 12 at the J.P. Morgan 2025 Auto Conference, Ford Pro CFO Navin Kumar noted, “We’re the market leader in Canada. F-Series has had market lead
On August 26, the United Steelworkers (USW) union in Canada voiced concern over the government’s decision to remove retaliatory tariffs against the U.S. on CUSMA-compliant goods, warning it weakens the country’s industrial base.
USW Canadian National Director Marty Warren argued the move risks further exposure of Can
On August 26, the US Customs and Border Protection (CBP), Department of Homeland Security, issued a notification regarding the tariffs to India. Overall, a 50% duty will be applied to Indian goods. The duties will apply to goods entering the US for consumption or withdrawn from warehouses for consumption from 12:01 A
In a statement from the Office of the Prime Minister of Canada on August 22, 2025, Canadian Prime Minister Mark Carney announced that Canada would remove all of Canada’s tariffs on imported U.S. goods covered specifically by the United States-Mexico-Canada trade agreement (USMCA). This decision will take effect start
On August 21, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), issued a statement welcoming the framework agreement between the US and Europe. The US will reduce its tariffs on passenger cars from the current 27.5% to 15%. The additional tariffs on parts, which amount to 25%
In a statement issued from the Office of the Prime Minister of Canada on August 21, 2025, Canadian Prime Minister Mark Carney spoke with U.S. President Donald Trump regarding trade and economic issues between the two countries. The two leaders discussed trade challenges, opportunities, and shared priorities in “produ
On August 21, the European Automobile Manufacturers’ Association (ACEA) issued a statement welcoming a joint EU-US statement that provides additional clarity on the recent trade deal agreed in principle between the two sides.
ACEA is encouraged by the confirmation that the United States will reduce its tariffs on imp
On August 21, it was reported that Hugo Tlalpan, leader of the Independent Union of Volkswagen Automotive Industry Workers (SITIAVW), revealed that at least one thousand workers could be dismissed due to reduced production at Volkswagen’s plant in Puebla, Mexico.
He explained that the layoffs, expected in October, we
On August 21, 2025, the U.S. and European Union issued a joint statement providing additional details on a preliminary trade framework previously announced in July between the two entities. The framework provides information on various conditions for the EU to secure sectoral tariff rates on product categories includ
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