Trump’s 25% Auto Tariffs Hit Industry with $108B Costs and Price Rises
Friday, 15 August 2025 () In March 2025, President Trump imposed 25% tariffs on imported autos and parts under Section 232, citing national security, with USMCA carve-outs but scrutiny on Mexico and Canada. This caused industry disruptions, cost hikes up to $108 billion, export declines, and sales slowdowns. Automakers absorbed initial burdens, but analysts predict 5-10% price rises and potential job losses amid uncertain long-term manufacturing gains.
India’s Ministry of External Affairs (MEA) has finally addressed the rising buzz around Donald Trump’s proposed tariffs on Indian exports. During a high-level media briefing that followed Prime..
India has officially declined the U.S. offer to purchase F-35 fighter jets, citing strategic constraints and Trump’s new 25% tariffs on Indian goods. Instead, Russia’s Su-57 has emerged as the top..
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not..
Friday, 15 August 2025 ()
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