Volkswagen said Trump’s 25% auto tariffs violate commitments made under the USMCA. The automaker urged tariff relief

President Donald Trump imposed the tariff on certain AI chips, such as the Nvidia H200 AI processor ​and a similar semiconductor from AMD called the MI325X, under a new national security order released by the White House.

The year 2025 was pathbreaking for the auto industry as President Trump sought to make good on his tariff-heavy, low-regulation campaign promises.

Trump ramped up pressure on the Fed in Michigan while defending tariffs as a driver of auto jobs, factory investment and a revival of U.S. manufacturing.

President Donald Trump offered a full-throated defense of his sweeping tariffs on Tuesday, traveling to swing-state Michigan to push the case that he’s boosted domestic manufacturing in hopes of countering fears about a weakening job market and still-rising prices that have squeezed American pocketbooks.

China will in turn cut its own tariffs on Canadian canola products, Prime Minister Mark Carney of Canada said in Beijing on Friday.