India  
 
NewsR.in

US car tariffs risk recession, warns industry

Video Credit: ODN - Duration: 01:12s - Published
US car tariffs risk recession, warns industry

US car tariffs risk recession, warns industry

UK car industry chief Mike Hawes warns that new 25% US tariffs could severely impact manufacturers, raising prices for American consumers and depressing demand.

He said the tariffs, alongside existing 10% global levies, risk fuelling inflation and recession.

Hawes urged the UK government to secure a deal to protect the sector.

Report by Covellm.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


đź’ˇ newsR Knowledge: Other News Mentions

Facebook Facebook Social networking service owned by Meta Platforms

Farage calls protester out with Farage derangement syndrome [Video]

Farage calls protester out with Farage derangement syndrome

Nigel Farage calls a protester out for having “Farage derangement syndrome” as she is removed from the Reform UK annual party conference in Birmingham. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:49Published
Yvette Cooper arrives at 10 Downing Street [Video]

Yvette Cooper arrives at 10 Downing Street

Yvette Cooper arrives at 10 Downing Street after being appointed foreign secretary following a cabinet reshuffle sparked by the resignation of Angela Rayner. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:22Published
Shabana Mahmood arrives at the Home Office [Video]

Shabana Mahmood arrives at the Home Office

Shabana Mahmood arrives at the Home Office following her appointment as home secretary. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:07Published
Darren Jones arrives at 10 Downing Street [Video]

Darren Jones arrives at 10 Downing Street

Chief Secretary to the Prime Minister Darren Jones arrives at 10 Downing Street following his appointment at chancellor of the Duchy of Lancaster. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:08Published
Starmer’s cabinet reshuffle: The main changes [Video]

Starmer’s cabinet reshuffle: The main changes

Sir Keir Starmer has reshuffled his cabinet, following the resignation of Deputy Prime Minister Angela Rayner from the government. Here are some of the big changes. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:24Published