The U.S. automotive industry is undergoing significant transformation in 2025, with new tariffs impacting trade, pricing, and supply chains. Under the Trade Expansion Act of 1962, Section 232 tariffs have been expanded to include auto parts, aluminum, and steel, reshaping domestic manufacturing efforts and prompting responses from global trading partners. This report provides an exhaustive…
As May 2, 2025, unfolds, the global trade landscape remains volatile, shaped by U.S. tariff policies, international retaliatory measures, and shifting economic strategies. President Donald Trump’s administration has quietly reached out to China to initiate tariff negotiations, despite publicly insisting that President Xi Jinping must make the first move. Meanwhile, China has expanded its list…
As May 1, 2025, begins, the global trade landscape remains in flux, shaped by U.S. tariff policies, international retaliatory measures, and shifting economic strategies. President Donald Trump’s administration continues to enforce high tariffs on Chinese imports, while Canada, the European Union, and Mexico adjust their trade policies in response. Meanwhile, China has escalated its retaliatory…
Introduction As April 30, 2025, unfolds, the global trade landscape continues to evolve, with U.S. President Donald Trump marking his first 100 days in office by addressing tariff policies, trade negotiations, and economic shifts. While China’s manufacturing sector struggles under the weight of U.S. tariffs, Trump has softened some duties on automobiles and auto parts,…
Introduction The Canadian federal election of April 29, 2025, has had a significant impact on the country’s approach to tariffs, particularly in response to U.S. President Donald Trump’s trade policies. The election resulted in a Liberal victory, with Mark Carney becoming the new Prime Minister of Canada. This election was widely seen as a referendum…