US tariffs News
Latest articles and news about US tariffs on AXL Media.
Latest Articles
- Global Automotive Standings Shift as Mexico Slips to Seventh Largest Producer
Published: Apr 30, 2026
Section: Companies & Industry
Mexico has officially fallen out of the world’s top five automotive manufacturing nations, according to new data released by the International Organization of Motor Vehicle Manufac...
- Economic Triple Threat Squeezes Costa Rica’s Export Sector Viability
Published: Apr 28, 2026
Section: Companies & Industry
Costa Rican exporters are currently navigating a high-stakes economic storm as three distinct financial pressures converge to threaten the country's trade competitiveness. A signif...
- China Posts Resilient 5% GDP Growth Despite Global Energy Disruptions Triggered By US-Iran Conflict
Published: Apr 16, 2026
Section: Asia
China’s economy expanded by 5% in the first quarter of 2026, surpassing analyst expectations of 4.8% despite significant trade and energy volatility caused by the war in Iran. Whil...
- EU-China Trade Deficit Hits €359 Billion as Analysts Urge Pragmatism Over Security-Led Fragmentation
Published: Apr 15, 2026
Section: Europe
Economist Lorenzo Codogno advocates for a shift in EU-China relations, prioritizing economic pragmatism and open investment over restrictive national security considerations. Follo...
- Canadian Auto Industry Faces 5 Billion Dollar Crisis One Year After Crushing US Tariffs Imposed
Published: Apr 4, 2026
Section: Companies & Industry
The Canadian automotive sector marks a somber one-year anniversary of U.S.-imposed tariffs that have stripped approximately $5 billion from manufacturers and triggered thousands of...
- Industrie Africa Ceases Retail Operations Citing Tariff Volatility And Logistics Hurdles To Launch Global Fashion Advisory Firm
Published: Apr 4, 2026
Section: Africa
The prominent fashion retailer Industrie Africa is closing its e-commerce platform after five years of operation to pivot toward a consultancy model known as IA Plus. This strategi...
- Southeast Asian Diplomacy Shifts from Pragmatism to Damage Control Amid Disruptive U.S. Revisionism
Published: Apr 4, 2026
Section: Global Economy
The traditionally stable partnership between Washington and Southeast Asia is fracturing as regional leaders reclassify the United States as a "revisionist power." Faced with unpre...
- Indian Textile Exporters Pivot to Japan as US Tariff Volatility and Regional Conflict Disrupt Traditional Markets
Published: Apr 4, 2026
Section: Global Economy
Steep American import duties and stalled trade negotiations have forced Indian garment manufacturers to seek stability in the Japanese market. With the US-Israel-Iran war further s...
- Canadian Liquor Bans on United States Imports Reshape Jewish Holiday Traditions as Israeli Wineries Capture Local Market Share
Published: Apr 2, 2026
Section: Israel
Trade tensions between Canada and the United States have led to the removal of American-made wines and spirits from shelves in Ontario and other provinces, leaving Jewish consumers...
- General Motors Doubles Down on South Korean Unit with $600 Million Modernization Plan
Published: Mar 25, 2026
Section: Companies & Industry
General Motors (GM) announced on Wednesday a $600 million investment in its South Korean operations, doubling a previously stated spending plan to modernize manufacturing infrastru...
- Volkswagen to Axe 50,000 Jobs in Germany as Annual Profits Crater to 10-Year Low
Published: Mar 10, 2026
Section: Companies & Industry
2. SUMMARY Volkswagen Group has announced a massive workforce reduction of 50,000 employees by 2030 following a 44% drop in earnings. The automotive giant is struggling against a "...
- Aston Martin Slashing Workforce by 20 Percent as US Tariffs and Chinese Competition Batter Luxury Icon
Published: Mar 2, 2026
Section: Companies & Industry
The Gaydon-based manufacturer has confirmed 600 job losses following a 50 percent surge in annual net losses. Management attributes the decline to aggressive US trade tariffs and a...