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Ford recalls nearly 500,000 cars in its fourth major recall in a week
The recent recall of a substantial number of vehicles may lead to increased expenses for repairs and impact the company's overall financial performance due to potential warranty cl...
Read Full Article →US and EU release details of tariff deal, with European cars and wines hit
The agreement introduces new duties that could influence trade flows and economic activity between the two regions, impacting key sectors within their extensive and highly valuable...
Read Full Article →Starmer and Modi Sign £6bn India-UK Trade Deal
The new agreement is expected to reduce export costs for British automotive and beverage industries, potentially increasing trade volume and economic cooperation between the UK and...
Read Full Article →UK and India sign £6bn trade deal
The recent agreement between the United Kingdom and India, valued at approximately £6 billion, is expected to enhance bilateral trade by reducing tariffs on key goods such as whisk...
Read Full Article →Tesla pledges to make cheaper cars as issues mount
Tesla plans to introduce a lower-cost vehicle amid growing challenges, following a significant decline in its reported revenue, highlighting the company's efforts to enhance market...
Read Full Article →Car maker Stellantis says US tariffs have cost it €300m
Stellantis reported that the 25% tariff imposed on imported vehicles in the United States has resulted in a financial impact of approximately €300 million on its operations.
Read Full Article →Trump pushes for 15%-20% minimum tariff on all EU goods
The proposed tariffs on European imports could significantly impact trade dynamics and increase costs for businesses and consumers involved in US-EU commerce.
Read Full Article →Thousands of vehicles sit idle at EU port as Trump’s tariffs leave their mark
The decreased exports at the Port of Antwerp-Bruges during early 2025 reflect significant economic challenges for manufacturers facing increased costs and reduced demand in the Ame...
Read Full Article →Trump's tariffs on cars, copper, drugs, aluminum could hit harder than other levies
The imposed duties on automotive, metal, and pharmaceutical imports may create significant economic challenges for companies and international partners adapting to the ongoing shif...
Read Full Article →Trump deal to leave EU facing higher tariffs than UK
Brussels anticipates that, compared to the UK, EU exports of steel, automobiles, and various goods will encounter increased duties, potentially impacting trade revenues and market...
Read Full Article →Trump signs order confirming parts of UK-US tariff deal
The agreement between the United States and the United Kingdom aims to lower import taxes on specific products, including automobiles, potentially influencing trade costs and econo...
Read Full Article →Tesla is 'not interested' in producing cars in India - minister
India's acknowledgment of Tesla's reluctance to manufacture vehicles domestically highlights a missed opportunity to attract significant foreign investment in the country's growing...
Read Full Article →Trump says he will double tariffs on foreign steel to 50 per cent
The substantial increase in import duties on steel is likely to raise production costs for various industries, potentially affecting pricing and economic activity in sectors depend...
Read Full Article →Google's Gemini AI is coming to Volvo cars
The collaboration between Alphabet and Volvo to integrate advanced AI technology into vehicles could potentially influence both companies' market positions and drive growth in the...
Read Full Article →Lower US tariffs on UK exports unlikely to take effect for weeks, say British officials
British officials indicate that it may take several weeks for decreased American import duties on British goods to be implemented, causing concern among businesses about ongoing tr...
Read Full Article →U.S.-China trade deal: Cars, steel, drugs won’t get a break from tariffs
Despite ongoing negotiations, tariffs on certain key industries such as automotive, steel, and pharmaceuticals are expected to persist, potentially impacting costs and trade dynami...
Read Full Article →US and UK agree deal slashing Trump tariffs on cars and metals
The new agreement between the US and UK reduces certain trade barriers on vehicles and metals while maintaining a 10% duty on the majority of British exports to the United States.
Read Full Article →US and UK strike deal as Trump slashes tariffs on British steel, cars
The agreement between the US and UK marks a key shift in trade policy, potentially lowering costs for manufacturers and consumers by easing previously imposed duties on steel and a...
Read Full Article →Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video
The new agreement reduces American import fees on British automobiles, steel, and aluminium, potentially boosting exports and strengthening economic ties between the UK and the US.
Read Full Article →Trump and Starmer confirm ‘breakthrough’ US-UK trade deal
The new agreement between the United States and United Kingdom is anticipated to significantly reduce duties on key industrial and automotive products, potentially enhancing bilate...
Read Full Article →UK edges closer to US trade deal for cars and steel
A potential agreement between the UK and US to lower tariffs on automotive and steel products could significantly impact export revenues and manufacturing competitiveness in both c...
Read Full Article →Trump and Carney discuss US-Canada relations in tense meeting – video highlights
The ongoing trade disagreements between the US and Canada could impact tariffs, influencing cross-border industries like automotive and steel, thereby affecting economic relations...
Read Full Article →UK closes in on US trade pact with lower tariff quotas for cars and steel
The UK is nearing an agreement with the US that may reduce tariffs on automotive and steel imports while also addressing digital services taxation to enhance bilateral trade relati...
Read Full Article →UK and India strike trade deal after three years of talks
The agreement between the UK and India involves adjustments to labor mobility terms and tariff reductions, potentially impacting trade costs and economic interactions between the t...
Read Full Article →Trump talks tough on Canada — while importing more cars, lumber, and oil
Despite public criticism of trade relations with Canada, the United States continues to rely on significant imports of automobiles, timber, and energy resources from its northern n...
Read Full Article →How Tesla lost some of its biggest fans
Tesla’s recent challenges have led some long-time supporters to reduce their investments and vehicle ownership, reflecting a shift in confidence towards the company’s future financ...
Read Full Article →Tariffs hit cars, the travel industry declines, and BYD comes for Tesla: Business news roundup
The reduction in automotive tariffs is expected to moderate cost increases, though higher prices may persist, impacting car manufacturers and related sectors amid ongoing shifts in...
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