Global Automakers React to Trump’s 25% Tariff on Imported Cars

Global Automakers React to Trump’s 25% Tariff on Imported Cars

Mexico deployed thousands of National Guard troops to the border to deter migrants from reaching the United States. South Korea said it would invest $21 billion in expanding U.S. manufacturing. Japanese officials descended on Washington, offering to invest $1 trillion in the United States and buy more American natural gas. …

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Trump’s Car Tariffs Worry Toyota and Japan’s Automakers

Trump’s Car Tariffs Worry Toyota and Japan’s Automakers

Before the election, Toyota Motor and other Japanese automakers thought a second Trump administration could be good for them. President Trump had campaigned on dismantling policies aimed at swiftly accelerating the U.S. auto industry’s shift away from fossil fuels and to electric vehicles — directives that Toyota and other leading …

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