Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses

Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses

U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC.  Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump‘s inauguration festivities. Three months later, some may …

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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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Trump’s Canada and Mexico Tariffs Could Hurt Carmakers

Trump’s Canada and Mexico Tariffs Could Hurt Carmakers

Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China. Auto manufacturers ship tens of billions of dollars worth of finished automobiles, engines, transmissions and other components each week across the U.S. borders …

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