Category : Search result: automotive tariffs


JLR refutes government's £15bn support claims

Jaguar Land Rover challenges ministers' assertions about accessing £15bn support package, revealing only £2.5bn was actually drawn in high-stakes automotive industry dispute.

GM axes 2,300 jobs in Michigan and Ohio plants

General Motors announces massive layoffs across key US manufacturing plants, citing production adjustments for slower-selling vehicles and the industry's rapid shift toward electric vehicles.

Aston Martin profit warning over Trump tariffs

British luxury car manufacturer Aston Martin faces significant financial headwinds from Trump-era tariffs and supply chain issues, prompting profit warnings and strategic reviews.

Trump tariffs threaten Christmas festival cancellations

Traditional Sinterklaas celebrations in Rhinebeck and beyond could be cancelled as Dutch organisers struggle with soaring costs from Trump's aluminium and steel tariffs, putting festive traditions at risk.

Trump Tariffs Threaten UK Electric Car Market

A potential Trump White House return could trigger massive tariffs on American electric vehicles, sending shockwaves through UK car markets and threatening price hikes for British consumers.

Trump threatens 25% tariffs on Canadian steel

Former President Donald Trump threatens to reignite trade tensions with a 25% tariff on Canadian steel, risking collateral damage to UK manufacturing and global supply chains.

Krone halts US exports over hidden tariffs

German agricultural machinery manufacturer Krone suspends all US exports, blaming complex 'hidden tariffs' that make American market unprofitable despite strong demand.

Trump's Pasta Tariffs Threaten Italian Producers

Italian pasta producers face devastating 25% tariffs under Trump's new trade war, threatening centuries-old family businesses and the future of authentic Italian pasta exports to the US market.

Aston Martin's £72m Loss as Trump Tariffs Bite

Aston Martin faces financial turmoil as Trump's aggressive US tariffs devastate profits, while Jaguar Land Rover battles major cyber attack in double blow to UK automotive industry.

Trump's $17 Trillion Tariff Plan Under Fire

Former President Donald Trump's controversial proposal to impose universal 10% tariffs on all imports could trigger the largest tax increase in modern history, raising serious concerns among economists and trade experts.

Trump Tariffs Threaten Halloween Candy and Costume Prices

Former President Donald Trump's proposed 10% tariff on all imports could send the price of Halloween costumes, decorations, and candy soaring, industry leaders warn, threatening a chilling effect on the annual celebration.

US Court Strikes Down Trump Tariffs as Unconstitutional

A landmark US court ruling has struck down Donald Trump's signature tariffs on foreign steel and aluminium, declaring them an unconstitutional overreach of presidential power. The decision sends shockwaves through global markets and UK trade policy.

Trump Visit Forces UK to Shelve US Steel Tariff Cuts

Plans to slash US steel tariffs have been abruptly shelved ahead of Donald Trump's UK visit, in a major diplomatic move to avoid a political row. The decision, seen as a concession to the former President, raises questions about UK trade policy independen

Trump Threatens Hyundai with Tariffs Over Immigration

Former US President Donald Trump has issued a stark warning to South Korean automotive giant Hyundai, vowing to impose crippling tariffs if the country does not alter its immigration and visa policies, according to a bombshell report.

Toyota's $8bn Kentucky EV Bet: 700 New Jobs

Toyota announces a massive $8 billion investment in its Kentucky facility, creating 700 new jobs and launching a new three-row electric SUV, signalling a major shift towards electrification.

Trump's New EU Tariffs Spark Market Sell-Off

Global markets reel as former President Donald Trump announces sweeping new tariffs on the EU, targeting key industries from cars to pharmaceuticals. The move sends the pound and euro tumbling and casts a shadow over Novo Nordisk's major UK investment pla

Trump & Mandelson Deal Cuts Scotch Whisky Tariffs

In a major boost for Scotland's economy, former political heavyweights Donald Trump and Peter Mandelson have brokered a groundbreaking agreement to dramatically reduce punitive US tariffs on Scotch Whisky, ending a long-standing trade dispute.

Trump's 25% Tariff on Hyundai & Kia Stuns Markets

In a dramatic escalation of his immigration policy, former President Donald Trump has announced a staggering 25% tariff on all Hyundai and Kia vehicles entering the United States. The move, which sent shockwaves through financial markets, is a direct reta

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