The latest US tariffs on vehicle imports and the anticipated tariffs on parts next month could reshape international trade and transport for the automotive sector.
The impact of the new US trade policy includes the potential cumulative effects of ‘tariff stacking’, which relates to other tariff proposals, the range and variety of the parts covered from next month, and the multiple border crossings made as vehicle subassemblies come together
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Following the enforcement of 25% US tariffs Stellantis is pausing production at plants in Canada and Mexico and laying off 900 staff at plants in the US for the short-term.
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