General Motors and Stellantis, two of the Big Three U.S. automakers, reported billions of dollars in economic losses this week after President Donald Trump’s auto tariffs took effect. General Motors announced on Tuesday that its profit dropped to $1.

The Trump administration’s tariffs are hitting companies that do business in the United States. But prices haven’t reflected them yet in many cases.

The recent trade agreement between President Donald Trump and Japan, reducing import tariffs on Japanese vehicles from 25% to 15%, offers a mixed blessing for Japanese automakers. While it provides some relief,

Trump promised to back Detroit automakers - his deal with Japan has them shaking in their boots - A group representing the ‘big three’ US automakers raised concerns that the US-Japan trade deal could

Following the news of reduced tariffs on Japanese car imports as part of President Donald Trump’s new trade deal with Japan, automakers in the land of the rising sun have much to say about what went down and how it impacts their business.

The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.