Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Detroit Three automakers blast Trump UK trade deal
    Headlines

    Detroit Three automakers blast Trump UK trade deal

    Detroit Three automakers blast Trump UK trade deal

    Published by Global Banking and Finance Review

    Posted on May 8, 2025

    Featured image for article about Headlines

    WASHINGTON (Reuters) -A group representing General Motors, Ford and Stellantis blasted President Donald Trump's trade deal announced with the United Kingdom, saying it would harm the U.S. auto sector.

    British carmakers will be given a quota of 100,000 cars a year that can be sent to the United States at a 10% tariff rate, almost the total Britain exported last year, compared to 25% for Mexico and Canada and nearly all other countries.

    "Under this deal, it will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA compliant vehicle from Mexico or Canada that is half American parts," said the American Automotive Policy Council, which represents the Detroit Three automakers. "This hurts American automakers, suppliers, and auto workers."

    (Reporting by David Shepardson and Kalea Hall)

    Related Posts
    UN elects former Iraqi President to lead UN refugee agency
    UN elects former Iraqi President to lead UN refugee agency
    Trump says 'getting close to something' ahead of US, Russia talks on Ukraine
    Trump says 'getting close to something' ahead of US, Russia talks on Ukraine
    Russian shelling near Odesa kills one, hits power supply
    Russian shelling near Odesa kills one, hits power supply
    Britain names Christian Turner as ambassador to the US
    Britain names Christian Turner as ambassador to the US
    Trump administration imposes sanctions on two more ICC judges
    Trump administration imposes sanctions on two more ICC judges
    Belarus prepares 'big deal' with US but not at Russia's expense, Lukashenko says
    Belarus prepares 'big deal' with US but not at Russia's expense, Lukashenko says
    Norway reaches 2026 fisheries agreement with Russia, cod quota at lowest level since 1991
    Norway reaches 2026 fisheries agreement with Russia, cod quota at lowest level since 1991
    Ukraine-US fund approves investment policies as it eyes first projects in 2026
    Ukraine-US fund approves investment policies as it eyes first projects in 2026
    VW management to continue cost cutting
    VW management to continue cost cutting
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    EU countries approve year-long delay to deforestation law
    EU countries approve year-long delay to deforestation law
    Italy economy minister denies interfering in MPS's bid for Mediobanca
    Italy economy minister denies interfering in MPS's bid for Mediobanca

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostPope Leo once leveled criticism at Trump and Vance. MAGA is not amused
    Next Headlines PostMerz, Trump agree on need to resolve trade disputes, Germany says

    More from Headlines

    Explore more articles in the Headlines category

    Italian judge drops Genoa dam case against Webuild CEO

    Italian judge drops Genoa dam case against Webuild CEO

    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon

    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon

    Searches under way in new corruption probe involving French Minister Dati

    Searches under way in new corruption probe involving French Minister Dati

    Finland's far-right party reprimands two MPs over racism scandal

    Finland's far-right party reprimands two MPs over racism scandal

    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme

    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme

    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'

    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'

    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Britain imposes more sanctions on Russia's energy sector

    Britain imposes more sanctions on Russia's energy sector

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    France drafts in army for cattle vaccination to defuse farmer protests

    France drafts in army for cattle vaccination to defuse farmer protests

    View All Headlines Posts