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U.S. Tariffs on Asian Vehicles Affect Chinese Car Sales in Mexico

U.S. Tariffs on Asian Vehicles Affect Chinese Car Sales in Mexico

The U.S. has imposed tariffs on Asian vehicles to bolster its domestic auto industry, impacting Chinese car sales in Mexico. Despite a 43% decline in Chinese vehicle imports to Mexico in early 2026, sales of Chinese brands in Mexico rose by 30% in the first half of the year. This growth is attributed to the affordability and increasing popularity of Chinese electric vehicles (EVs) among Mexican consumers. The tariffs aim to protect U.S. automakers from competitive pricing and component costs of Chinese vehicles.
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Small Businesses Show Resilience Amid New Tariffs Announced by President Trump

Small Businesses Show Resilience Amid New Tariffs Announced by President Trump

Small Businesses Show Resilience Amid New Tariffs Announced by President Trump
Reuters Reuters
Analysis-China draws 'red lines' around its economic model ahead of EU, US trade talks

Analysis-China draws 'red lines' around its economic model ahead of EU, US trade talks

By Claire Fu, Kevin Yao and Liangping Gao SINGAPORE/BEIJING, Aug 3 (Reuters) - China is energetically defending its economic policy mix that favours advanced industries over consumption, adopting a posture analysts see as demonstrating increasing confidence ahead of looming trade talks with Europe
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President Trump's New Tariffs Heighten U.S.-Canada Trade Tensions, Impacting Automakers

President Trump's New Tariffs Heighten U.S.-Canada Trade Tensions, Impacting Automakers

President Trump has announced a 50 percent tariff on certain Canadian goods, escalating trade tensions between the U.S. and Canada. This move follows a meeting with Canadian Prime Minister Mark Carney in May 2025. The tariffs are part of a broader strategy to address trade imbalances and protect U.S. industries. However, they have raised concerns among automakers and suppliers who rely on cross-border trade. The automotive industry, which is heavily integrated between the two countries, could face disruptions in supply chains and increased costs.
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New U.S. Tariffs Spark Economic Concerns in Canada

New U.S. Tariffs Spark Economic Concerns in Canada

New U.S. Tariffs Spark Economic Concerns in Canada
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Algoma Steel Shifts Focus to Canada Amid U.S. Tariff Challenges

Algoma Steel Shifts Focus to Canada Amid U.S. Tariff Challenges

Algoma Steel Shifts Focus to Canada Amid U.S. Tariff Challenges
Arizona Republic Arizona Republic
Arizona's economy needs the USMCA trade deal. Renew it | Opinion

Arizona's economy needs the USMCA trade deal. Renew it | Opinion

Trade supports one in five Arizona jobs and $14.6 billion in exports to Mexico. Washington's delay on the USMCA puts that momentum at risk. Renew it.
SB Nation SB Nation
Way-too-early look at the 2028 LA Olympics: Which Knicks will participate?

Way-too-early look at the 2028 LA Olympics: Which Knicks will participate?

The captain was snubbed in 2024. Will he and any others play in 2028?
SB Nation SB Nation
Ranking World Cup performances by Bayern Munich players

Ranking World Cup performances by Bayern Munich players

FC Bayern players did not exactly light up the World Cup with exception of a few.
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Brazil's Auto Industry Faces Challenges Amid Chinese Car Imports

Brazil's Auto Industry Faces Challenges Amid Chinese Car Imports

Brazil has become the world's top importer of Chinese cars, a development that has significant implications for its domestic auto industry. This shift began in 2015 when the Brazilian government eliminated import duties on electric vehicles to encourage modernization. Despite attempts to restore these duties, Chinese automakers have flooded the market with competitively priced models. The influx of Chinese cars has pressured local manufacturers to invest in hybrid technology and adapt to changing market dynamics.
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Brazil Challenges U.S. Tariffs at WTO, Citing Inconsistencies with Trade Agreements

Brazil Challenges U.S. Tariffs at WTO, Citing Inconsistencies with Trade Agreements

Brazil has initiated a dispute with the United States at the World Trade Organization (WTO) over additional duties imposed on Brazilian products. These duties, resulting from two investigations under Section 301 of the U.S. Trade Act of 1974, include a 25% ad valorem duty on all Brazilian products and a 12.5% duty on certain products related to forced labor allegations. Brazil argues that these measures violate the WTO's General Agreement on Tariffs and Trade (GATT) 1994 and the Dispute Settlement Understanding. The request for consultations, circulated to WTO members on July 30, marks the formal start of the dispute process, allowing both parties to discuss the issue and seek a resolution without litigation. If unresolved after 60 days, Brazil may request adjudication by a panel.
Reuters Reuters
Canadian economy set for best quarterly growth in more than three years

Canadian economy set for best quarterly growth in more than three years

By David Ljunggren OTTAWA, July 31 (Reuters) - Canada's economy grew by a greater-than-expected 0.3% in May and looks set to turn in its best annualized quarterly performance for more than three years, official data indicated on Friday.