New tariffs of up to 50% on steel and auto parts could drive up car prices in the U.S., making vehicles more expensive for consumers.

The Mexican delegation in Washington expressed disagreement with the tariff announcement and considered it “unfair treatment,” according to a government statement.

An Indian trade delegation has also reached Washington for fresh talks on a trade deal with the United States.

Live Updates Live Coverage Updates appear automatically as they are published. Rivian Run off Road 9:43 am Back to the bad news. Guggenheim analyst Ronald Jewsikow downgraded Rivian Automotive (Nasdaq: RIVN) to neutral this morning on “softer long-term R2/R3 assumptions driven by both softer R1 sales and negative US Electric Vehicle and Emissions policy changes.

A NITI Aayog report indicates that higher US tariffs on countries like China and Mexico could give Indian exporters a competitive advantage in sectors such as pharmaceuticals and textiles. India is poised to gain in a significant number of trade categories,