On June 4 at the UBS Auto and Auto Tech Conference, Ford’s Chief Financial Officer Sherry House talked about tariffs and supply chain disruptions that will impact in its Q2 earnings in July, but cautioned there are many unknowns that could make Ford's upcoming financials "a bit lumpy". 
On disruptions caused by expor

On June 5, President Trump lashed out against Tesla CEO Elon Musk, saying he was “disappointed” by the billionaire’s public opposition to the sweeping tax-cut and spending bill that is at the heart of Trump’s agenda.
Musk has been actively urging Senate Republicans to “kill the bill,” which comprises a wide range of

On June 4, President Trump’s promised 50% tariffs on imports of “steel and aluminum articles and their derivative articles” went into effect. The two metals had previously faced 25% tariffs on imports from all countries since mid-March, when Trump’s order to remove steel exemptions and raise aluminum’s levy from his

On June 3, Ford reported success with its pricing strategy in the month of May in offsetting the cost of the Trump import tariffs with its "A Plan" discount program, typically reserved for employees. Ford led all other OEMs in May with a 16.3% increase to 220,959 vehicles across all powertrains, the company’s best Ma

On May 30, U.S. President Trump blasted China on his Truth Social, accusing it of violating the trade truce the two countries signed earlier in May.
Following talks in Switzerland, the U.S. and China announced on May 12 a 90-day deal to lower tariffs on each other while they negotiated on trade. The pact lowered U.S.

On May 30, U.S. President Trump said OEMs in the U.S., including Tesla, must build entire vehicles including all their parts in the country instead of manufacturing parts abroad.
The comments from Trump, at a press conference marking Tesla CEO Elon Musk's last official day at the White House as a senior adviser, were

On May 29, GM CFO Paul Jacobson said at the Bernstein 41st Strategic Decisions Conference that the company is not making immediate changes to imports of its entry-level Chevrolet and Buick crossovers built in South Korea in response to the 25% Trump import tariffs. 
GM is “still contribution-margin positive” on the C

Hyundai Motor Co. is preparing to increase the price of all the vehicles it sells in the U.S. to cushion the impact of tariffs imposed by President Trump, according to people familiar with the matter. Hyundai is considering a 1% increase to the suggested retail price of newly built vehicles as soon as the beginning o

On May 30, VW CEO Oliver Blume said the company wants to make more big investments in the U.S., adding that recent tariff talks with the U.S. government have been "fair" and "constructive."
“So far, we have had absolutely fair, constructive discussions,” Blume said in an interview. “I was in Washington myself and we

On May 28, the U.S. ambassador to Canada, Pete Hoekstra, spoke about the current state of affairs in the current trade war with Canada, saying there is some good news and some bad news for Canada on the trade front.
For the good news, Hoekstra suggested that a new Canada-U.S. agreement is achievable in the not-too-di

On May 30, speaking to a rally in Pittsburgh to celebrate the pending partnership of U.S. Steel and Nippon Steel, U.S. President Trump made a related announcement regarding the imposition of additional tariffs on steel imports into the U.S. from 25% to 50%. He later added the same rate of increase on aluminum imports

On May 29, it was reported that Volkswagen of America will continue to maintain current vehicle sticker prices now through June as it continues to face the impact of U.S. tariffs.
“In an effort to keep vehicles affordable for our customers, the brand will cover today’s increased costs,” VWoA said in a statement, sayi

On May 29, Ford Motor Co. Executive Chair Bill Ford, speaking at the Mackinac Policy Conference, warned about the potential for the Trump administration to end production tax credits that support the manufacturing of EV batteries.
Ending the credits would threaten Ford Motor's investment in its BlueOval Battery Park

On May 28, a three-judge panel on the federal Court of International Trade blocked President Trump’s sweeping global tariffs, saying that Trump exceeded “any authority granted” by the International Emergency Economic Powers Act in imposing the import levies, and noting that the U.S. Constitution gives Congress exclus

On May 28 and 29, multiple U.S. media reported that BMW, Mercedes-Benz and VW are in talks with the Trump administration on a possible import tariff deal, hoping to gain some leverage from their U.S. investments and exports to soften the tariff costs, according to three people familiar with the matter.
The German OEM

On May 28, multiple Korean media reported that GM Korea plans to sequentially sell nine directly operated after-sales service centers, along with idle assets and facilities within its main Bupyeong plant.
GM Korea announced that it will begin consultations with stakeholders to ensure financial sustainability amid the

Reported on May 21, 2025, a Cambodian delegation led by the Deputy Prime Minister and Minister of Commerce held multiple meetings with U.S. government and congressional leaders to negotiate tariffs and strengthen bilateral trade. 
These discussions, part of the first round of Trade and Investment Framework Agreement