Following the collapse of US-Canada trade talks, President Trump threatens additional auto tariffs on Canadian vehicles. PM Carney vows retaliation. The North American auto supply chain faces severe disruption as small businesses on both sides face existential crisis.
[Brief] Mercedes and Porsche Announce New Cost-Cutting Plans Mercedes-Benz and Porsche have finalized new cost-cutting plans amid mounting tariff pressures, shifting market demand, and global trade friction. Both German luxury automakers face fierce competition from Chinese electric vehicle brands, while US tariff policies further squeeze profit margins. The measures are expected to cover supply chain optimization, production efficiency improvements, and adjustments to certain non-core business lines. 编辑：GoodInfo全球资讯组
US President Trump announced he will raise tariffs on EU imported cars from the current 15% to 25%, escalating transatlantic trade tensions.