UPS invests $2bn+ to improve resilience across key markets including automotive UPS announced more than $2 billion in targeted investments to increase speed, reliability and control for global customers in key sectors including automotive. James McLoughlin
US strikes trade deal with Taiwan and imposes new 25% global semiconductor tariff The US has classified chip and critical mineral imports as national security risks, imposed a 25% global tariff on semiconductors, and agreed a trade deal with Taiwan. James McLoughlin
Mexico introduces new tariffs on cars and auto parts for non-FTA countries New tariffs on imports of cars, auto parts and raw materials from non-FTA countries including China, Brazil and India have come into effect in Mexico in 2026. James McLoughlin
