Tariffs, diesel and computer chips are driving up costs for automakers
COLMA, CALIFORNIA - JANUARY 06: Ford pickup trucks are displayed on the sales lot at Serramonte Ford on January 06, 2026 in Colma, California. Justin Sullivan/hide caption
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Higher tariffs on Canadian imports would be ‘catastrophic’ to the auto industry, says Honda
A 50% increase in tariffs on Canadian vehicles and parts would be devastating to the entire automobile industry, according to a senior official from Honda.
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Honda warns 50% Canada auto tariffs would be catastrophic for industry
An American flag flutters outside a Honda automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters
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How US Tariffs Harm America’s Auto Industry
US-Mexico trade negotiations face new challenges as disagreements over tariffs on cars, steel, and aluminum impede efforts to reach an agreement ahead of the review of the United States-Mexico-Canada Agreement (USMCA).
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China says US has promised to limit replacement tariffs to 20%
July 27, 2026 at 9:00 am EDT President Donald Trump and Xi Jinping shake hands as they leave after their talks in Busan, South Korea, in autumn. (Andrew Harnick/Getty Images) key takeaways: China said that during trade talks on July 27, the US committed to limit substitution tariffs on Chinese goods to 20% and the
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Honda Accord SUV, VW Seeks Tariffs on China Hybrids, Yet Another Special Edition Bronco: Downshift
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Hello and welcome downshiftor TDS for short, driveA morning news roundup that captures the biggest automotive headlines from around the world. downshift Summarizes the stories in a few sentences and adds a
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Trump praises GM and defends tariffs during Michigan visit
July 27, 2026 6:00 pm, EDT President Donald Trump during a speech at the General Motors Proving Ground in Milford, Michigan on July 27. (Alex Brandon/Associated Press) key takeaways: President Donald Trump visited a GM testing facility in Michigan on July 27 and said the tariffs had revived American manufacturing and helped automakers. The trip
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Trump changes Section 301 tariffs related to forced labor
July 23, 2026 5:45 PM, EDT President Trump’s new tariffs will take effect just as the worldwide temporary 10% tariffs expire at 12:01 a.m. on July 24. (Alex Brandon/Associated Press) key takeaways: President Donald Trump imposed 10% to 12.5% Section 301 tariffs on imports from 60 countries as the temporary worldwide tariffs are set to
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US prepares new tariffs before global tariffs expire
July 21, 2026 4:30 PM, EDT A truck enters the United States at the Canada-US border in Saint-Bernard-de-Lacolle, Quebec on June 30. (Andrej Ivanov/Bloomberg) key takeaways: The Trump administration is set to impose tariffs on dozens of economies through July 24 to plug the gap once the temporary 10% tariffs expire. The proposed Section 301
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Trump’s Section 122 tariffs expire on July 24: Then what?
July 16, 2026 12:40 PM, EDT President Donald Trump announced the new tariffs at the White House on April 2, 2025. (Mark Schiefelbein/AP) key takeaways: The Trump administration is in a race to replace the global 10% tariff imposed under Section 122 before it expires on July 24 after the Supreme Court struck down broad