Automotive

World shares slid further and U.S. futures also fell Friday as investors counted the potential costs of U.S. President Donald Trump’s latest set of tariffs, even as China retaliated by announcing a 34% tariff on imports of all U.S.

DETROIT (AP) — President Donald Trump's tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk.

Here is a roundup of stories from The Canadian Press designed to bring you up to speed...

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars.

BOISE, Idaho (AP) — Idaho’s recently departed U.S. attorney has joined the prosecution team in the case against Bryan Kohberger, the man charged in the killings of four University of Idaho students in 2022.

OTTAWA — Prime Minister Mark Carney said Thursday that Canada will hit back against U.S. President Donald Trump's 25 per cent auto tariffs with matching levies on vehicles imported from the United States.

TORONTO — Automakers in Canada, along with workers and everyone else with ties to the industry, are struggling to grasp the implications of and how best to respond to the ruinous industry tariffs that came into effect Thursday.

TORONTO — Ontario Premier Doug Ford says he was relieved to see Canada is not facing any of U.S. President Donald Trump's new "reciprocal" tariffs, but he is still very concerned about the province's auto sector.

Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs , and the U.S. stock market may be taking the worst of it.

Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.S. employees.