Cruz Warns Trump’s Tariffs Risk U.S. Economic Stability, Auto Sector Hit
Senator Ted Cruz warns Trump’s tariffs could trigger tax hikes, auto price surges, and global trade tensions, impacting the U.S. economy and 2026 midterms.
Auto Industry
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US Imposes 25% Tariffs on Canadian Autos Starting March 4
Starting March 4, the U.S. will enforce 25% tariffs on Canadian goods, with the auto industry poised to bear the brunt, raising concerns about the Canadian economy.
U.S. Imposes 25% Tariffs on Canadian Autos Starting March 4
The U.S. is set to implement a 25% tariff on Canadian goods from March 4, with the auto industry expected to be the hardest hit, economists warn of significant economic impacts.
China Overtakes Japan as World’s Largest Car Exporter: What’s Driving the Surge?
China has surpassed Japan as the world’s largest car exporter in 2023. Explore the factors behind this automotive boom, the rise of new-energy vehicles, and the implications for China and the global market.
Chinese Electric Vehicles Gain Ground in Egypt Amid Growing Demand
Chinese electric vehicles are gaining popularity in Egypt as consumers seek affordable and efficient alternatives. Brands like BYD and Geely are leading the market, boosting Egypt’s EV industry growth.
Tariffs on Chinese EVs May Backfire for Europe’s Auto Industry
Europe’s potential tariffs on Chinese electric vehicles may harm its own automakers and escalate trade tensions with China, disrupting global automotive supply chains.
EU’s Anti-Subsidy Probe into Chinese EVs: Market Dynamics or Misplaced Accusations?
The European Commission’s anti-subsidy investigation into Chinese EV imports sparks debate over market fairness, as China ends subsidies while the EU continues its own support measures.