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As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.

Hyundai celebrated the opening of its new $7.6 billion EV factory in Georgia by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year.

President Donald Trump signed an order to implement a 25% tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the U.S.

U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter. 

China’s ambassador warned the Canadian government against using it as a “bargaining chip” in trade negotiations with the U.S.

Canadian Prime Minister Mark Carney said his top Cabinet ministers are in contact with White House officials and want to have “serious” negotiations about trade.

President Donald Trump said he will announce tariffs on automobile imports in the coming days — and indicated nations will receive breaks from next week’s “reciprocal” tariffs.

WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.

President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs. 

President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say.