talks over options for building electric vehicles (EVs) in Canada with Chinese partner, Zhejiang Leapmotor Technology Co., according to people familiar with the matter. The development follows on changes in Canadian industrial policy as a result of imposition of tariffs and other pressures from the Trump administration on OEMs to move auto jobs from Canada to the U.S. While the talks are yet in an early stage, if it comes to pass, the joint ventu...

News  Updated at: 2026/04/03

l prices well below $100 per barrel for Q2 and finishing the year not far off levels seen before the crisis began. That would still impact CPI on a global basis, though the overall drag on global GDP growth would likely be of the order of 0.1-0.2 percentage points (pp). Recent comments by President Trump have also suggested that a de-escalation of the conflict is imminent, with the US administration claiming progress in talks with Iran. Much unce...

News  Updated at: 2026/03/26

, has been growing rapidly, and solar energy supply is seen as a critical component for scaling of the business to support vehicle electrification and data centers for AI. Solar manufacturing equipment was excluded from tariffs by the Biden administration in 2024, with the exemption extended by the Trump administration. (Reuters and multiple sources on March 20, 2026)...

News  Updated at: 2026/03/25

sumers and regain traction in the world’s largest market. Nevertheless, even if these efforts succeed locally, they will be of little benefit to Audi’s and JLR’s European operations. Transatlantic trade between Europe and the US has also been far from stable over the last year, with President Trump increasing LV import tariffs from 2.5% to 27.5% from April 3, 2025. The policy was then subsequently softened, and rates were lowered to 10% for...

News  Updated at: 2026/03/23

U.S. and Japan announce new initiatives after Washington D.C. meeting On March 19, President Donald Trump received Japan Prime Minister Sanae Takaichi at the White House where they announced new initiatives. Following the first tranche of three major Japanese investments worth USD 36 billion under the 2025 U.S.-Japan Strategic Trade and Investment Agreement announced in February 2026, the U.S. welcomed a second tranche of Japanese investments, in...

News  Updated at: 2026/03/21

U.S. Transportation Department choses eight eVTOL pilot programs On March 9, as part of President Trump’s push for vertical takeoff mobility, U.S. Department of Transportation Secretary Sean P. Duffy announced eight proposals selected as part of the brand-new Advanced Air Mobility and Electric Vertical Takeoff and Landing (eVTOL) Integration Pilot Program (eIPP).  Chosen from more than 30 proposals, the eight selected projects span 26 states a...

News  Updated at: 2026/03/20

States warn Trump EV charger proposal would kill USD 5 billion NEVI fund On March 17, a coalition of 20 state attorneys general, including those from California, New York, Michigan, Illinois, and Colorado, wrote to the U.S. Federal Highway Administration (FHA) opposing President Trump’s proposal to raise domestic content requirements for federally funded EV chargers from 55% to 100%, saying that the proposal would make it “impossible for manu...

News  Updated at: 2026/03/19

g EV batteries in 2026. LG and its energy storage system (ESS) customers, benefit from federal subsidies that cover about 60% of the cost of an energy storage system through government subsidies, such as the 45X battery production tax credit and 48e investment tax credit which were preserved in the Trump administration’s budget law. (multiple sources on March 17, 2026)...

News  Updated at: 2026/03/18

Trump administration sues California over CO2 emissions, ZEV mandate On March 12, the Trump administration announced it has filed a federal lawsuit in Sacramento federal court seeking to block California’s Advanced Clean Cars II regulations, which require 100% of new passenger vehicles sold in the state to be zero-emission by 2035.  The Department of Justice argued that the mandate unlawfully encroaches on federal fuel economy authority, sayin...

News  Updated at: 2026/03/17

Trump to waive oil sanctions on some countries, possibly reinstate them later On March 9, President Trump told reporters after talks with Russian President Vladimir Putin that he will waive some sanctions on oil to boost supply and reduce prices.  Trump said that with respect to the oil crisis brought on by Middle East hostilities, his administration "will waive some oil-related sanctions to bring prices down. We have sanctions on a few countrie...

News  Updated at: 2026/03/11

y,” noting the industry has moved beyond limited testing and pilot programs to daily operations of robotaxis and commercial autonomous vehicles on public roads. Along with safety experts, the meeting will include Waymo co-CEO Tekedra Mawakana, Zoox CEO Aicha Evans and Aurora CEO Chris Urmson. The Trump administration is examining ways to accelerate robotaxi deployment while addressing regulatory hurdles and safety concerns. Administrator Jonath...

News  Updated at: 2026/03/10

U.S. ordered to begin issuing tariffs refunds, while states challenge new tariffs On March 5, a federal judge ruled that the U.S. government must begin paying out more than USD 130 billion in tariff refunds to U.S. businesses after the Supreme Court struck down President Trump's wide-reaching "reciprocal" tariffs. More than 2,000 companies have filed lawsuits seeking refunds for the illegal tariffs they had paid. The ruling from Judge Richard Eat...

News  Updated at: 2026/03/07

for 37% of their total global vehicle sales. Sales of hybrid vehicles (HVs) remained strong, but results varied by manufacturer and market. While electric vehicle (EV) sales grew in China, two of the three automakers saw declines in North America, partly due to policy changes in the U.S. While the Trump administration is easing environmental regulations in the U.S., EV sales are trending upward again in Europe. In China, concerns persist over de...

News  Updated at: 2026/03/06

Trump administration tries, but loses effort to delay tariff refund litigation On March 2, the U.S. Court of Appeals for the Federal Circuit rejected the Trump administration’s request to delay the fight over refunds of IEEPA tariffs for importers, in steps to reopen the legal proceedings and send the case back to the U.S. Court of International Trade. The court denied the government’s request from February 27 to maintain a pause for as long ...

News  Updated at: 2026/03/03

Trump argues against Supreme Court, wants rehearing of case On February 27 in a post of his Truth Social, U.S. President Trump expressed his displeasure at the U.S. Supreme Court decision regarding his IEEPA tariffs that he says could allow billions of dollars to be returned to countries and companies that he says have been “ripping off” the U.S.  ”It doesn’t make sense that Countries and Companies that took advantage of us for decades,...

News  Updated at: 2026/03/03

U.S. Senate Democrats bill seeks to require timely refunds of IEEPA tariffs On February 26, U.S. Senate Finance Committee Ranking Member Ron Wyden, D-Ore., Small Business Committee Ranking Member Edward J. Markey, D-Mass., and Foreign Relations Committee Ranking Member Jeanne Shaheen, D-N.H., released legislation to require full refunds of Trump’s IEEPA tariffs after they were struck down by the U.S. Supreme Court in a 6-3 vote. The Tariff Refu...

News  Updated at: 2026/03/03

Mexican automotive industry benefited by new U.S. tariffs On February 23, it was reported that Mexico’s exports to U.S. end up being benefited by the new tariffs, including the automotive industry. On February 20, the U.S. Supreme Court ruled that the president lacked authority to impose sweeping tariffs under the IEEPA. Therefore, President Donald Trump enacted a provisional 10% tariff under Section 122 of the Trade Act of 1974 and signaled po...

News  Updated at: 2026/02/27

naming any specific trading partners or ⁠other ⁠details. "Right now, ⁠we have the 10% tariff. It'll go up ⁠to 15 % for some and then it may ⁠go higher for others, and I think ⁠it will be in line with the types of tariffs we've been seeing," Greer said. The U.S. Supreme Court ruled that Trump had exceeded his authority when he imposed tariffs based on IEEPA rules. While those tariffs will not be collected going forward, tariffs based ...

News  Updated at: 2026/02/26

U.S. Customs begins collecting new tariff at 10% rather than 15% On February 23, U.S. Customs and Border Protection issued a notice to provide guidance that it was now collecting a tariff on all imports, aside from products covered by exemptions and other tariffs, of 10%, the rate first announced by President Donald Trump on February 20 rather than the 15% he promised a day later on February 21. The new tariff rate adds to the confusion surroundi...

News  Updated at: 2026/02/25

Automobiles not to be affected by Trump’s new 15% Worldwide Tariffs On February 20, President Trump announced that in place of the earlier IEEPA-based tariffs, he is imposing a temporary import surcharge of 10% ad valorem for a period of 150 days, in accordance with section 122 of the Trade Act of 1974, beginning on February 24, 2026.However, by February 21, Trump changed that by posting on Truth Social, saying that he now decided to raise “t...

News  Updated at: 2026/02/24