Descartes Datamyne reports the number of vehicles shipped to the United States by sea fell by 9% in May compared with the same month a year ago as new tariffs take effect. +
President Donald Trump has spared vehicle manufacturers and some auto part suppliers from sweeping new “reciprocal” tariffs announced today. Both remain subject to 25% tariffs announced in March. +
President Donald Trump has granted a one-month exemption to steep new tariffs on goods imported from Canada and Mexico for U.S. automakers, demanding a shift toward U.S. production in return. +