Shares of auto component makers Bharat Forge and Samvardhana Motherson International tumbled up to 9% on Friday.
Shares slid further in Europe and Asia and U.S. futures also fell Friday as investors counted the potential costs of U.S.
President Donald Trump's tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto ...
China said it will impose reciprocal 34% tariffs on all imports from the United States starting April 10, in retaliation to ...
Global stocks are falling, extending Thursday's rout, as President Donald Trump's sweeping reciprocal tariffs raised fears of ...
Republicans said any uncertainty was just a bump in the road, but Democrats were dubious that the tariffs would have the ...
Prime Minister Mark Carney said Thursday that Canada will match U.S. President Trump’s 25% auto tariffs with a tariff on ...
The idea has also gained some attention because of Trump’s recent announcement about higher tariffs on imported vehicles and vehicle components.
Euronews spoke with Benjamin Krieger from the car industry group CLEPA, who shed light on the potential impact of Trump’s ...
The United States is about to plunge into recession, pulling much of the world down with it. The tariffs announced by ...
The president claims the measures will help autoworkers. But experts say that’s far from certain—and that they could tank the ...