ºÚÁϳԹÏÍø

Companies that paid the $165 billion in customs duties collected so far this fiscal year won’t have an easy time getting their money back.

Stellantis is focused on reclaiming the success of the Jeep brand and considering fresh investment into Dodge, which could result in a new Dodge V8 muscle car, and possibly the Chrysler brand.

But farmers are worried that time is quickly running out to reach a trade deal with China in time to sell any of this year’s crop to their biggest customer.

GM and Ford argue that shielding Stellantis from the tariffs would hand the company a cost advantage over U.S.-assembled trucks that contain imported parts already subject to tariffs.

U.S. tariffs on steel, aluminum, autos and lumber — all major export industries for Canada — remain in place.

Details on how the levies would be imposed and collected were scant as of Oct. 2, which kept truck makers understandably tight-lipped about the potential impact.

Trump said Oct. 1 he plans to raise the issue when he meets Xi in South Korea at the end of October. But the clock is already ticking for U.S. soybean growers, with the harvest already under way.

Every one of the countries identified by the U.S. Department of Commerce Foreign Trade Division as a top supplier by export value of trucks to the U.S. warned the agency against the levies.

The European Commission will propose early next week a long-term mechanism that will also reduce the bloc’s existing quotas for foreign steel by almost half.

By claiming a national security rationale for the investigations, the administration can continue work on probes being conducted under Section 232 of the Trade Expansion Act.