A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
Nissan's downward spiral continues, this time with the CEO himself confirming the brand needs outside investors in order to survive.
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
Part of Trump's pledge to hit Mexico and Canada with broad tariffs has been in response to what he says is the uncontrolled flow of illegal Fentanyl into the U.S. Lee said he supports that goal and wants a secure border, even if that means economic sanctions must be used.
Now it faces potential tariffs on vehicles it exports to the United States from Mexico, a major manufacturing hub. Fitch Ratings last month cut Nissan's rating to "junk", snuffing out its last ...
Who’s Got Trump’s Ear on Tariffs?: On tariffs, there are two key, and seemingly polar opposite, figures: Howard Lutnick, who is a moderate on trade and now commerce secretary, and Peter Navarro, a proponent of high tariffs who is generally opposed to trade deals.
All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.
Japanese automaker Nissan Motor Corporation reported a 6% ... with US volumes rising by 14% to 67,938 units, Mexico 20,367 units (+1.5%) and Canada units (+3.2%). In terms of production, global ...
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