Special series: US tariffs
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US extends 50% steel and aluminium tariffs, driving auto supply chain risk
The US administration has extended the scope of 50% import tariffs for steel and aluminium goods, adding more than 400 additional items to the levy.
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GM to import EV batteries from CATL despite tariffs
GM is planning to import EV batteries from Chinese battery producer CATL, despite the tariff of 30% on imports to the US from China.
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JLR profits halve due to US tariffs
JLR’s profits before tax almost halved in the second quarter of this year compared to the same time in 2024, down from £693m to £351m, with an EBIT margin of 4%, due to the impact of the US tariffs.
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Toyota plans manufacturing plant in Japan, despite US tariff impact
Toyota has announced plans to acquire land to build a new vehicle manufacturing plant in the Teihoucho area of Toyota City in Aichi Prefecture, Japan.
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US tariff changes: Visual map of key trade rates
Recent trade deals have been changing tariff rates for various countries, seeing some drop from previously threatened higher tariffs, while others have increased. Each rate holds consequences for the automotive industry, potentially shifting supply chains and flows as OEMs, suppliers and logistics providers alike attempt to ascertain the most optimal, efficient and cost-effective transport routes and markets.