News / US automakers fear 'double-whammy' cost hikes with latest tariffs

12/03/2025

US automakers are facing a massive hike in car production costs with the imposition of 25% tariffs on all imported steel and aluminium.

The levies came into effect this morning, with President Trump having rowed back after threatening to hit Canada with ...

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News / US automakers fear 'double-whammy' cost hikes with latest tariffs

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Ethan Harris: Tip of the tariffs

Don't rely on social media for tariff clarity, shippers warned

BBC: Trump says EU and Mexico face 30% tariff from August

CNBC: Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

US tariffs land – and court hears of Trump's 'breathtaking claim to power'

UPS sees decline in Q2 and refuses further guidance over 'uncertainty'

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News / US automakers fear 'double-whammy' cost hikes with latest tariffs

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CNBC: Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

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UPS sees decline in Q2 and refuses further guidance over 'uncertainty'

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