US EditionAuto Executives Warned Tariffs Would Shut Down the Industry. Why Haven’t They?
6 Articles
6 Articles
Three months after then-US President Donald Trump introduced import tariffs, car production in the US, Canada, and Mexico continues – albeit with minor restrictions, as Automotive News reports. Although industry representatives initially feared a rapid shutdown of factories, this did not occur. The reason for this is a combination of targeted exemptions and political reactions to industry pressure. In April, Trump imposed 25 percent tariffs on c…
After Trump’s announcement to apply tariffs on copper, Evelyn Matthei offered the President the support of his team of experts to confront the situation. It wasn’t long before he had an answer: Boric rejected, as expected, his offer. In the face of the refusal, Matthei resorted to a recurring attitude of his campaign: criticism. “It’s a problem of them, I’m calm in the sense that we have made available our best people and we have people who are …
Copper shock: auto industry faces cost surge under new tariff
President Donald Trump's latest tariff announcement - a proposed 50% duty on copper imports to take effect in August - is sending shockwaves through the American auto industry, which is already strained by rising material costs. Industry analysts warn the move could trigger a fresh wave of price increases for vehicles, as financial pressures ripple down through the supply chain.
The United States will have difficulty reducing its dependence on Chilean and Peruvian copper following President Donald Trump’s announcement of imposing a 50% tariff on metal, as of August 1, 2025. “I announce a 50% tariff on copper, effective from August 1, 2025, after receiving a rigorous national security assessment,” Trump said in his Truth Social account. The measure adds to the same level of taxes on steel and aluminum imported into the U…
President Trump’s recent decision to impose a 50% tariff on copper imports has set off alarms in different sectors, including Chile. But more than letting us be carried away by the narrative of panic, it’s better to look with perspective. India, for example, has turned its mining policy: invest in foundries, close bilateral agreements and look for reliable suppliers. And that’s where Chile comes in.
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