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Eight percent of Canadian carriers have already cut head count as a result of the introduction of tariffs by the Trump administration in recent weeks.

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz in a bet on the rental car company’s turnaround plan and that tariffs will boost the value of its vehicles.

Volkswagen may build some Audi cars in the U.S. in a bid to avert President Donald Trump’s tariffs, its chief executive told Frankfurter Allgemeine Zeitung in an interview April 18.

Mazda will pause exporting one model type to Canada that it makes in the U.S. as a temporary countermeasure to President Donald Trump’s tariffs, a spokesperson said April 18.

The new U.S. ambassador to Japan arrived in Tokyo on April 18 and said he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations.

President Donald Trump said April 17 that he is in “no rush” to reach any trade deals because of the revenue his tariffs are generating.

Preparations are underway for a second round of tariff talks to take place later this month, Japan’s lead negotiator, Ryosei Akazawa, said in Washington on April 16.

Ford is preparing to raise prices on cars rolling off assembly lines starting next month if President Donald Trump doesn’t deliver on the tariff relief he has hinted at for automakers.

U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big-ticket items, particularly cars, before President Donald Trump’s expansive new tariffs kicked in.

The World Trade Organization slashed its forecast for merchandise trade this year as soaring U.S. tariffs and broader uncertainty hammer international commerce.