auto industry

4 briefs

power 2026-05-05

Trump Is Coming for European Cars Again

The USTR confirmed 25% tariffs on EU autos are moving forward. Europe's car industry was already struggling. This time, the trigger is geopolitical, not just protectionist.

conflict 2026-05-04

Trump Broke the EU Car Deal He Made at His Own Golf Course. The Reason He Gave Does Not Hold.

The Turnberry deal lowered EU auto tariffs to 15% last July. Trump raised them back to 25% without citing a specific EU violation. The EU's trade chief meets his US counterpart in Paris tomorrow.

power 2026-05-02

Trump Rips Up the EU Car Deal and Announces 25% Auto Tariffs. Europe Has No Good Response.

The US-EU trade agreement was supposed to hold at a 10% baseline tariff. Trump has now raised the rate on cars and lorries to 25%, accusing the EU of non-compliance. The EU has no leverage it is willing to use.

power 2026-04-28

Affordable Cars Are Leaving the American Market

Nissan, Toyota and Hyundai have told the Trump administration that without a USMCA renewal, entry-level models no longer make economic sense to sell in the US.