Production of the EX30, Volvo’s most affordable electric SUV, will be discontinued in the United States after just two years.
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Volkswagen suffers billion-euro loss and blames Donald Trump’s tariffs
Volkswagen reported an operating loss of 1.3 billion euros in the third quarter of 2025, according to a balance sheet released last Thursday (30).
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India suspends P-8 Poseidon purchase after tariffs increase cost by over 50%
India has decided to suspend the acquisition of six P-8 Poseidon anti-submarine patrol aircraft, manufactured by Boeing, after a significant increase in cost caused by tariffs imposed by the government of Donald Trump.
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US Customers Can’t Buy BYD Cars Due to High Import Tariffs
Consumers in the United States are being prevented from purchasing vehicles from Chinese automaker BYD, considered by many to be the maker of the “best electric car in the world”.
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Toyota forecasts 21% drop in annual profit due to Trump tariffs and rising global market costs
Toyota is forecasting a 21% drop in operating profit for the fiscal year ending in March 2026, estimating a total of around $26 billion.
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Ford suspends 2025 profit forecast after tariffs imposed by President Trump
Ford has suspended its annual profit forecast due to uncertainty caused by tariffs imposed by President Donald Trump, which are expected to have a total impact of up to $2.5 billion on the automaker’s costs in 2025.
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Trade tension prompts China to ban new purchases from U.S. company Boeing
Decision is a response to U.S. tariffs and increases uncertainty in the aviation sector; manufacturer’s shares fall nearly 5%
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The European Union and China negotiate the end of tariffs on electric vehicles amid competition for the automotive market
The European Union and China are in negotiations to remove tariffs on Chinese electric vehicles imposed in 2024.
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USA Bans Sales of Cars with Chinese and Russian Technology to Protect Citizens’ Data
The U.S. government, under the Biden administration, has finalized a rule banning the sale of new cars containing technology from China or Russia in order to protect national security.
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