Auto Industry To Get Temporary Tariff Relief

Groups representing major automakers and suppliers asked U.S. lawmakers on Friday to consider new tax relief and delay the start of a new trade deal as auto sales decline as a result of the coronavirus pandemic......»»

The trade group for U.S. auto parts makers on Thursday asked the government for emergency grants "to keep the doors open," tariff relief and other assistance to cope with mounting pressures from the coronavirus crisis......»»

The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from the coronavirus, U.S. Treasury Secretary Steven Mnuchin said on Friday, dashing the hopes of industry and some lawmakers......»»

The country’s auto industry faces new restrictions. But at least there’s a trade deal......»»

The country’s flourishing auto industry will face new limits. Some executives were nervous about toughened enforcement of labor rights. But at least there’s a trade deal......»»

Thousands of Canadian auto industry workers have been furloughed with more temporary layoffs coming as negotiations on a new labor contract between General Motors and the United Auto Workers drags into its fifth day......»»

Tariff relief is needed to help local lobster wholesalers cope with declining revenue amid escalated trade war with China, the Bay State’s second-largest export market, industry advocates say......»»

In the wake of the U.S. tariff and Chinese retaliation, the MedTech industry players (with production houses .....»»

The auto industry is beginning the week with worries about President Donald Trump’s threat to put tariffs as high as 25 percent on U.S. imports from Mexico as officials from the two countries begin talking details. read more.....»»

Fiat Chrysler Automobiles NV (NYSE: FCAU) shares are down 34 percent in the past year as fears over a global slowdown in the auto industry have weighed on investor sentiment. read more.....»»

FLASH: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a fin.....»»

Signs that China plans to lower tariffs on imported vehicles to avert a potential trade war with the U.S. could bolster the auto industry .....»»

President Xi Jinping has promised to cut China's auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington......»»

Signs that China plans to lower tariffs on imported vehicles to avert a potential trade war with the U.S. could help bolster the American auto.....»»

President Xi Jinping has promised to cut China's auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington......»»

President Xi Jinping has promised to cut China's auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat with Washington......»»

Mexico’s auto manufacturing industry rejected a proposal presented last week by U.S. trade authorities that would impose new rules on the origin of components used in cars and pickup trucks sold tariff-free under the North American Free Trade Agreement......»»

REUTERS/Jonathan Ernst The Trump administration extended steel and aluminum tariff exemptions to US allies on Tuesday by 30 days. But some .....»»

The auto sector reported good beat ratios in the latest earnings season. Time to buy the pure-play auto ETF? The auto industry is among the few sectors that has fallen prey to U.S. President Trump’s steel and aluminum tariff announcem.....»»

Japan expressed alarm about threatened U.S. tariffs on imported cars, which could hit the Japanese economy hard and disrupt the industry around the world......»»