Stellantis announced that President Trump’s tariffs will cost the automaker approximately €1.5 billion ($1.7 billion) in 2025, primarily affecting earnings in the second half of the year. While the company is engaging with policymakers regarding the tariffs, its operations in North America are particularly impacted, similar to other manufacturers like GM and Volkswagen, which are also facing significant tariff-related losses.
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Trump tariff updates: Scramble for last-minute deals
From successful Oval Office meeting to uncertain talks - here's what's happening with CanadaCanada's Prime Minister has faced challenges in trade negotiations with the U.S., highlighted by his earlier success in engaging President Trump. Despite a positive start, recent developments indicate increased tensions, including potential tariff hikes and differing stances on issues like recognizing a Palestinian state, complicating the path to a trade agreement. Want More Context? 🔎
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