autos

Brazil is allocating 18.5 billion reais (US$3.7 billion) in credit lines for exporters affected by US tariffs. The Treasury will contribute 13.5 billion reais, while BNDES will provide 5 billion reais. Targeted sectors include steel, metallurgy, autos, machinery, furniture, and footwear.

Latin American steel shares declined as tariffs on Chinese imports reduced their impact, but demand from the construction and automotive sectors remained only modest. The article notes that steel shares underperformed the global SLX ETF amid these conditions.

The Trump administration announced new 50 percent tariffs on $20 billion of Canadian imports, accusing Canada of unfair discrimination against American autos, dairy products, and alcohol. The tariffs cover goods such as cement and hockey sticks.

President Donald Trump imposed 50% tariffs on most Canadian goods, citing unfair discrimination against American autos, alcohol, and dairy products.

President Donald Trump imposed 50% tariffs on most Canadian goods, citing unfair discrimination against American autos, alcohol, and dairy products. The action risks higher inflation and strained relations between the U.S. and Canada.

President Donald Trump imposed 50% tariffs on most Canadian goods, citing unfair discrimination against American autos, alcohol, and dairy products. The tariffs, justified under Section 338 of the 1930 Trade Act, exclude energy products and critical minerals but target goods previously protected by the USMCA trade pact. The move risks economic chaos, higher inflation, and strained U.S.-Canada relations, with tariffs set to take effect in 30 days.

President Donald Trump imposed 50% tariffs on most Canadian goods, excluding energy products, potash, fish, and critical minerals, citing disputes over autos, alcohol, and cheese. The tariffs, effective in 30 days, are justified under Section 338 of the 1930 Trade Act and target goods previously protected by the USMCA trade pact, which the U.S. did not renew.

Donald Trump is imposing 50% tariffs on most Canadian goods, according to White House officials, who claim Canada has unfairly discriminated against US autos, alcohol, and dairy products. The move risks economic chaos, higher inflation, and strained relations between the two nations.

President Donald Trump imposed 50% tariffs on most Canadian goods, citing disputes over autos, alcohol, and dairy products. The tariffs, under Section 338 of the 1930 Trade Act, exclude energy products, potash, fish, and critical minerals but apply to goods previously protected by the expired USMCA trade pact. The move risks economic instability and strained U.S.-Canada relations.

President Donald Trump imposed 50% tariffs on most Canadian goods, excluding energy products, potash, fish, and critical minerals, citing disputes over autos, alcohol, and dairy products. The tariffs, enacted under Section 338 of the 1930 Trade Act, aim to address Canada's alleged unfair discrimination against U.S. exports and its past retaliation against previous U.S. tariffs.

President Trump imposed 50% tariffs on most Canadian goods, excluding energy products, potash, fish, and critical minerals, citing disputes over autos, alcohol, and dairy products. The tariffs, implemented under Section 338 of the 1930 Trade Act, follow Canada's retaliation against previous U.S. tariffs and could complicate ongoing negotiations to renew the expired USMCA trade agreement. The administration also cited Canadian wildfires impacting U.S. air quality as a reason for potential additional tariffs.

President Donald Trump imposed 50% tariffs on most Canadian goods, citing disputes over autos, alcohol, and dairy products. Canada is accused of unfairly discriminating against American autos, alcohol, and dairy exports.

China’s exports rose 19.4% in May compared to a year earlier, driven by autos, technology, and AI-related products like semiconductors, despite the Iran war. Imports also increased by 27.4%, while trade with the United States declined due to tariffs imposed by President Donald Trump.

Canadian Prime Minister Mark Carney criticized U.S. trade policies, stating that close economic ties with the U.S. have become weaknesses due to rising tariffs. He emphasized the need for Canada to address vulnerabilities in industries like autos, steel, and lumber while reducing reliance on U.S. economic stability.

Canadian Prime Minister Mark Carney criticized U.S. economic policies, stating that Canada's historical trade strengths with the U.S. have become weaknesses due to rising tariffs. He highlighted threats to industries like autos, steel, and lumber, urging Canada to build resilience and diversify partnerships. The U.S. Supreme Court recently ruled against President Donald Trump's tariff authority, leading to refunds for businesses.