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

On June 24, a U.S. federal district judge in Washington ordered the Trump administration to release billions of dollars in funding for the build out of EV chargers in 14 U.S. states.
After President Trump put a hold on funding for EV charging in February, sixteen states and the District of Columbia sued, arguing that

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 23, Lisa Drake, Ford vice president of Technology Platform Programs and EV Systems, presented the USD 3 billion BlueOval Battery Park Michigan plant in Marshall, Michigan, now 60% complete, to the media before "clean room" equipment is installed. “We remain on track to start production of these batteries next

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 3, the U.S. Federal Permitting Improvement Steering Council announced increased transparency and accountability for the federal permitting of two Department of Energy (DOE) lithium processing projects, advancing President Trump’s commitment to bolster domestic production of minerals and support American jobs.

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, U.S. Senate Republicans proposed a tax budget bill that would end the USD 7,500 federal EV tax credit 180 days after its signed into law if it reaches the president’s desk. It would also eliminate the USD 4,000 incentive on used EVs 90 days after approval.
The Senate plan is slightly different than the Ho

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

On June 17, Cars.com unveiled its 20th annual American-Made Index (AMI). Released amid rising tariffs and inflationary pressures, this year's index is of interest to OEMs, suppliers, consumers, and the U.S. government.
The American-Made Index ranks cars based on five factors: 
   •    Location(s) of final assembly
 

On June 16, U.S. President Donald Trump sounded optimistic about a trade deal as he met with Prime Minister Mark Carney at the G7 summit in Alberta.
Speaking briefly to reporters ahead of the bilateral meeting before the wider G7 summit got underway, Trump said the "primary focus" of this meeting for him is "trade wi

On June 13, the U.S. Department of Transportation Secretary Sean P. Duffy announced that the National Highway Traffic Safety Administration (NHTSA) will further accelerate the safe development of automated vehicles by streamlining the Part 555 exemption process.   
The exemption will continue to allow manufacturers t

On June 12, California-based Archer Aviation Inc. announced it has raised an additional USD 850 million following the Executive Order by President Trump on June 11 in part to implement an “eVTOL Integration Pilot Program in the United States”. This program is focused on accelerating the deployment of eVTOL aircraft i

On June 13, Korean multiple sources reported that Hyundai Steel has signed a deal to supply GM Korea with approximately 100,000 tons of automotive steel annually, starting as early as September. This supply will replace the volume previously sourced from China’s Baoshan Iron & Steel, the world’s largest steelmaker by