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Tariff costs pile up for auto industry as steel, aluminum, copper prices rise
Tariff expenses are starting to pile up for auto manufacturers and suppliers. General Motors Co., for example, said tariffs cost it $1.1 billion in the second quarter, while Stellantis expects a full-year tariff impact of $1.2 billion-$1.8 billion.
The Treasury secretary’s remarks Thursday signal possible relief for Canada’s aluminum sector, which—along with steel ...
President Donald Trump signed an executive order Thursday, slapping tariffs on most of America's trading partners set to take ...
Q2 2025 Management View CEO Richard T. Marabito highlighted that "news around tariffs has been dominating the headlines and ...
Here’s a breakdown of all the U.S. trade levies on countries and sectors—and the turbulent timeline to get there.
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump ...
President Donald Trump has singled out Canada for punishment in his latest round of tariff announcements, with a key ...
Americans faced more price increases in July as a wave of new tariffs on imported goods took hold, pushing up the cost of ...
A U.S.-Canada trade agreement remains elusive as high tariffs fuel tensions. Prime Minister Mark Carney and negotiators ...
Treasury Secretary Scott Bessent said Thursday that U.S. trade talks with Canada have involved aluminum tariffs as some U.S. manufacturers, most notably Ford Motor, deal with financial hits from the ...
The 50% tariffs went into effect just after the clock struck midnight on Wednesday. The two metals had previously faced 25% tariffs worldwide since mid-March, when Trump’s order to remove steel ...
President Donald Trump signed an executive order on Thursday imposing reciprocal tariffs ranging from 10% to 41% on U.S. imports from dozens of countries and foreign locations.
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