On September 7, U.S. President Trump told international companies they are welcome only if they respect the United States’ immigration rules, after hundreds of South Korean workers were arrested on September 5 at Hyundai’s manufacturing site and battery plant under construction with LG Energy Solution near Savannah,
On September 8, Volkswagen Chief Executive Oliver Blume said that VW was in advanced talks, which he termed “very positive”, with the Trump administration over substantial investments in the U.S. Blume said the company is considering substantial investments to expand its U.S. business, including a plant for its Audi
On September 4, U.S. Transportation Secretary Sean P. Duffy announced the National Highway Traffic Safety Administration (NHTSA) is launching three rulemakings to modernize Federal Motor Vehicle Safety Standards for vehicles with automated driving systems.
These changes will deliver on the agency’s Automated Vehicle
On September 5, U.S. President Trump announced a new tariff framework agreement under which the U.S. will apply a baseline 15% tariff on nearly all Japanese imports entering the U.S., alongside separate some sector-specific treatment for automobiles and automobile parts; aerospace products; generic pharmaceuticals; a
On September 5, U.S. Commerce Secretary Howard Lutnick told media that President Trump's trade deals, including the one announced the previous day with Japan, will stay in place despite the ongoing legal challenge to his sweeping tariffs.
After two lower federal courts dismissed the presidential tariffs based on IEEP
On September 4, U.S. Immigration and Customs Enforcement (ICE) authorities carried out a raid at Hyundai Motor Group’s massive Metaplant EV complex outside Savannah, Georgia, halting construction at an adjacent HL-GA Battery Co. battery plant under development. Construction of the battery plant, part of a joint ventu
On September 3, U.S. President Donald Trump asked the U.S. Supreme Court to quickly make a decision on whether he has the authority to impose his sweeping tariffs following a 7-4 appeals court ruling that rejected the administration’s argument that emergency powers justified steep tariffs set under the International
On September 4, Mexican President Claudia Sheinbaum announced that her government is weighing the possibility of imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China.
The move would be part of “Plan Mexico,” a strategy aimed at strengthening domestic industry in re
On August 29, Statistics Canada announced that Canada's economy shrank much more than expected in Q2 as U.S. tariffs squeezed exports, but higher household and government spending softened the blow somewhat.
The GDP for the quarter that ended June 30 slowed by 1.6% on an annualized basis, while Q1 growth was downward
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, 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
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
On August 13, 2025, the U.S. Department of Energy announced that it will provide funding of approximately USD 1 billion for several programs to advance and scale the mining, processing, and manufacturing of critical minerals while supporting domestic critical mineral supply chains. The proposed programs receiving not
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%
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