‘Tariff King’ Label For India Misleading, Argues Newsweek Opinion Piece.

TOKYO (Reuters) -Japan and the United States are in the final stages of talks to implement lower tariffs on Japanese automobile imports within 10-14 days after the issuance of a U.S. presidential executive order, a Japanese government source told Reuters on Thursday. That means that a reduced U.S. tariff rate on Japanese cars, from the current 27.5% to 15%, is set to take effect by the end of this month, said the source, who declined to be identified as the matter is confidential. The exact date to be specified in the executive order is still under discussion, the source said, adding that the final decision would rest with U.S. President Donald Trump. The U.S. embassy in Tokyo did not immediately respond to a request for comment. The Japanese government declined to comment. The United States in July agreed to lower tariffs on imports of Japanese automobiles but the timing remains unclear as Trump has yet to sign an executive order. Japan’s top trade negotiator Ryosei Akazawa flew to Washington on Thursday to press the United States over issuing the executive order. The executive order is also expected to include provisions that the 15% levy agreed in July would not be stacked on Japanese imports that are subject to higher tariffs, while items previously subject to less than 15% tariffs would be adjusted to 15%, the source said. The two governments are working to include in the executive order some context on the tariff deal, including Japan’s plans to expand U.S. rice imports and purchases of U.S.-made aircraft, according to the source. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. A joint statement outlining the July agreement and a memorandum clarifying rules for Japan’s planned $550 billion U.S.-bound investment package are also expected to be issued alongside the executive order. "The talks are now in their final phase," the source said. "Once Minister Akazawa arrives in Washington, the aim is to have the executive order issued swiftly. We will then move on to formulating plans to execute investment projects," he said. Which stocks should you consider in your very next trade? The best opportunities often hide in plain sight—buried among thousands of stocks you'd never have time to research individually. That's why smart investors use our Stock Screener with 50+ predefined screens and 160+ customizable filters to surface hidden gems instantly. For example, the Piotroski's Picks method averages 23% annual returns by focusing on financial strength, and you can get it as a standalone screen. Momentum Masters catches stocks gaining serious traction, while Blue-Chip Bargains finds undervalued giants. With screens for dividends, growth, value, and more, you'll discover opportunities others miss. Our current favorite screen is Under $10/share, which is great for discovering stocks trading under $10 with recent price momentum showing some very impressive returns!

"For the automotive industry, the current high additional burdens mean considerable financial losses. Therefore, time is of the essence in providing rapid relief for companies in this area," VDA president Hildegard Mueller said on Friday. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 3 out of 4 global portfolios are beating their benchmark indexes, with 98% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?

Michigan's governor met privately with President Donald Trump to urge him to change course on tariffs that are having a big impact on automakers in her state.

The Trump administration announced it struck a trade deal with Japan, lowering import tariffs to 15% rather than the 25% that was set to kick in August 1.

Japan’s top trade negotiator, Akazawa, said the 25% U.S. tariffs on automobiles and auto parts are causing serious losses for Japanese companies and must be…

PM Carney, Trump clash over tariffs and '51st state' remark; Canada, US to continue talks ahead of G7 summit amid rising trade tensions.

In the latest round of deepfakes targeting Mark Carney since the Canadian election, the PM is allegedly announcing new auto regulations in Canada, to which some users draw comparisons between him and…

The average car buyer doesn’t think about where the parts in their their vehicle come from – but automakers do.

Investing.com -- Despite a relaxation in auto parts tariffs, car manufacturers are still expected to face price impacts ranging from $2,000 to $12,000, according to a recent statement from Michigan-based Anderson Economic Group. The group revealed on Thursday that vehicles assembled in the U.S. such as the Honda (NYSE:HMC) Civic, Honda Odyssey, Chevrolet Malibu, Toyota (NYSE:TM) Camry Hybrid, and Ford Explorer could see price impacts between $2,000 and $3,000 due to the tariffs. In addition, imported vehicles, including full-size luxury SUVs, some electric vehicles, and other cars assembled in Europe and Asia, could face tariff impacts ranging from $10,000 to $12,000. The list of affected imported vehicles includes the Mercedes G-Wagon, Land Rover and Range Rover models, some BMW (ETR:BMWG) models, and the Ford Mach-e. These predictions come despite softened auto parts tariffs imposed by the White House and retaliatory tariffs. The consulting group’s statement underscores the significant financial impact these tariffs could still have on the auto industry, despite recent policy changes. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

General Motors Co. is lowering its profit expectations for the year as the carmaker braces for the potential impact from auto tariffs being rolled out by the United States. GM announced early this week that it was reassessing its expectations for 2025 due to tariffs. The company said at the time that its initial full-year financial outlook didn’t contemplate their potential impact. On Thursday the automaker said that it now foresees full-year adjusted earnings before interest and taxes in a range of $10 billion to $12.5 billion. The guidance includes a current tariff exposure of $4 billion to $5 billion. GM previously predicted 2025 adjusted EBIT between $13.7 billion and $15.7 billion. The revised forecast comes after President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers. Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide. Trump portrayed the changes as a bridge toward automakers moving more production into the United States. Still, it remains unclear what impact Trump’s broader tariffs will have on the U.S. economy and auto sales. Most economists say the tariffs — which could ultimately hit most imports — would raise prices and slow economic growth, possibly hurting auto sales despite the relief that the administration intends to offer on its previous policies. In a letter to shareholders on Thursday, General Motors CEO Mary Barra said that the automaker looks forward to maintaining its strong dialogue with the Trump administration on trade and other evolving policies. “As you know, there are ongoing discussions with key trade partners that may also have an impact,” she said. “We will continue to be nimble and disciplined and update you as we know more.” Shares of GM were down 3.6% before the opening bell. This article originally appeared on Associated Press: GM slashes profit guidance, cites tariff impacts

President Trump eased new car import tariffs, offering US carmakers a 2-year reduction in import tax...

The White House plans to ease the impact of tariffs on domestic automakers by preventing overlapping duties