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automobile industry

Volkswagen export cars
GZERO North

Trump hits global auto sector hard with new tariffs

On Wednesday, ahead of what Donald Trump is calling “Liberation Day,” when the administration plans to unveil a series of “reciprocal” tariffs, the president signed an executive order levying 25% tariffs on automobiles and auto parts made outside the United States. The tariffs will come into effect on April 2.

Trump grants some tariff relief – but it’s temporary
US & Canada

Trump grants some tariff relief – but it’s temporary

US President Donald Trump gave America’s Big Three automakers a one-month tariff reprieve but expects them to use the time to shift production from Canada and Mexico to the United States. White House Press Secretary Karoline Leavitt announced the temporary exemption Wednesday after Trump held a call with the CEOs of Stellantis, Ford, and GM, at their request. Levitt also made it clear that, as of April 2, reciprocal tariffs will go into effect worldwide.

Car thieves hit the gas. Drivers foot the bill.
GZERO North

Car thieves hit the gas. Drivers foot the bill.

Vehicle thefts are up in the US and Canada, and politicians are crying “tough on crime.”

Climate change is "wreaking havoc" on supply chains
GZERO World Clips

Climate change is "wreaking havoc" on supply chains

Climate change is disrupting industries around the world, and that has a major impact on global trade. On GZERO World with Ian Bremmer, WTO Director-General Ngozi Okonjo-Iweala lays out the case for diversifying and decentralizing production around the world to build resiliency and reduce risk in global supply chains.