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Nikkei in Japan closed lower on Monday. Investors were cautious about Trump's tariffs. They awaited details and impact on ...
Tariffs are on everyone’s mind in 2025, and for good reason. While the specifics seem to change from day to day, the effects ...
A chief automotive economist has said the industry is bearing economic uncertainty surprisingly well, though sales will fall ...
CheapInsurance.com reports U.S. car imports hit $219 billion in 2024. Tariffs could raise prices and disrupt supply, ...
Fed 'well-positioned' to wait out uncertainty on tariffs' effects Early signs of tariff-driven inflation in some data, not in others Financial markets resilient, but liquidity responsive to tariff ...
But Navarro’s assertion about the impact of tariffs on the US economy comes with a couple of significant caveats: First, Trump during his current term has already placed tariffs of at least 10% ...
GM and Ford feel the burn GM has said it expects to take a $5 billion hit from the tariffs this year, while Ford estimates a $2.5 billion impact.
That’s up from her previous forecast of 3.7 percent, which had already accounted for expected tariff impacts. “Consumers are going to feel the impact soon,” she said.
With tariffs set at 25% on imported vehicles and parts, Honda predicts a massive 70% plunge in net profits, while Nissan anticipates a 450 billion yen loss. In response, the two Japanese automakers ...
TOKYO -- Honda Motor is considering a business collaboration with Nissan Motor, four months after the collapse of their merger plans, as U.S. tariffs cloud the prospects of both Japanese automakers.