8 Articles
8 Articles
US sets process to expand auto parts subject to 25% tariffs
WASHINGTON — The U.S. Commerce Department has established a process to include more imported automobile parts in the list of those subject to 25 percent tariffs, its release showed Thursday, a move that could affect Korea's auto part industry. This week, the department's International Trade Administration (ITA) outlined the process by which U.S. domestic producers may request additional auto parts to be included in the scope of the new tariffs o…
Japan's Akazawa says US auto tariffs unacceptable
Tokyo (Jiji Press) — Japanese chief tariff negotiator Ryosei Akazawa on Thursday reiterated that US President Donald Trump’s auto tariffs are unacceptable. “It’s in the national interest to protect” the auto industry, Akazawa told reporters at Tokyo’s Haneda Airport before leaving for the United States for the seventh round of tariff talks between the two
Japan does not intend to back down and continues to consider US duties unacceptable on the car sector, still hoping to convince the Trump administration to review its decision. It has...
The Venezuelan Chamber of Manufacturers of Automotive Products (Favenpa) warned that the national production of auto parts is at risk, mainly due to the high tax evasion of 82% of the products of the category, which are of Asian origin and which enter the country through imports. Omar Bautista, president of the guild, [...] La entrada Favenpa: 82% of the import of auto parts does not pay taxes was first published in Information Focus.
Automotive logistics: (dpa) tariffs and a strong euro make Continental to create. More production in the USA could help. Even a recently closed plant could open again. However, not by Conti itself.
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