WASHINGTON, D.C. — The U.S. Chamber sent a letter asking the administration to address the impacts of tariffs by granting automatic exclusions for any small business importer, establishing a process for companies to apply for an exclusion if the company can demonstrate that tariffs pose a risk to employment for American workers, and providing exclusions for
HUNTSVILLE, Ala - The impact of Donald Trump’s ‘Liberation Day’ tariff policies are beginning to hit with car manufacturer Mazda confirming that it will halt production of CX-50s vehicles bound for Canada, a move prompted by America’s tariffs and corresponding Canadian countermeasures. Mazda says the pause will begin on May 12 at its Huntsville, Alabama plant, which builds the CX-50 car for North
DETROIT - General Motors is planning to boost production of light-duty trucks in the U.S. as the industry addresses challenges tied to President Donald Trump's latest round of auto tariffs. The major automaker is adding several hundred temporary workers to maximize production of light-duty trucks at its Fort Wayne, Indiana, assembly plant, the company told FOX Business.
WASHINGTON DC - The Trump Administration passed tariffs starting on April 5 that will apply to most countries at a rate of 10%. The tariffs apply to a wide range of imports, covering most products. The rates will be replaced by a higher “reciprocal” rate between 11% and 50% to 60 countries starting on April
LANSING - Tariffs would be worse for the U.S. auto industry than a UAW strike, a notable Michigan economic group is predicting, and would harm the industry for a much longer period. Patrick Anderson, CEO of Michigan-based Anderson Economic Group, said Friday on an Automotive Press Association webcast that tariffs would add punishing costs for
