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Latest news with #IndustryGroups
Wall Street Journal
28-07-2025
- Automotive
- Wall Street Journal
For Germany's Automakers, EU Deal Brings Clarity—on Higher Costs
Among the headline winners from the tariff deal between the U.S. and the European Union was the EU's prized auto industry. Cars are among the products subject to a new baseline tariff of 15%, President Trump said Sunday, cutting the rate from the 25% level he introduced in April. Industry groups in Brussels and Berlin welcomed the easing of trade tensions, while noting that details of the deal remain unclear and that automakers still face higher costs than last year. Before April, the industry had been paying a tariff of 2.5% to ship vehicles to the U.S.
CTV News
09-06-2025
- Business
- CTV News
Sault, other officials working on response to U.S. steel tariffs
Industry and labour leaders in the Sault have been meeting to formulate a response to the sudden doubling of steel tariffs by the U.S.
