• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Tuesday, September 16, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home News

U.S. businesses scramble as Trump’s steel tariffs threaten supply chains

David Ijaseun by David Ijaseun
February 14, 2025
in News
0
Trump tarrifs

Trump tarrifs

853
SHARES
9.4k
VIEWS
Share on FacebookShare on Twitter

Industries reliant on steel and aluminum are bracing for a financial storm as U.S. President Donald Trump announces 25% tariffs on key imports. From automakers to beverage giants, executives warn that these measures could disrupt operations, inflate costs, and force tough decisions on supply chains.

Ford Motor Co.’s CEO Jim Farley summed up the growing concern, saying the tariffs add “a lot of cost and a lot of chaos” to American businesses. The automotive industry, already navigating supply chain challenges, faces added pressure as the tariffs are set to take effect in mid-March.

READ ALSO

Car buyers urged to act fast as tariffs, tight supply push prices near $53,000

Ford to cut 1,000 Jobs in Cologne as Europe’s EV demand slows

Rising Costs, Strategic Shifts

Ford, like many other companies, is weighing options to mitigate potential damage. Executives are evaluating ways to build up inventory and reduce dependency on imports from Mexico and Canada. General Motors has already taken preemptive action, cutting international plant inventory by 30%-40% before Trump’s inauguration.

Meanwhile, Coca-Cola is considering shifting from aluminum cans to plastic bottles if costs spike. The company is also closely monitoring the ripple effects on its global operations, as consumer preferences and supply chains adapt to the new reality.

In the fragrance industry, Coty has increased U.S.-based production to sidestep tariff-related hurdles. By boosting inventories and ramping up output in North Carolina, the company hopes to shield its operations from the escalating costs. However, Coty shares fell 7.4% following the announcement, highlighting investor anxiety about the broader impact of these tariffs.

Uncertainty Clouds Business Decisions

The unpredictability of Trump’s trade policies is creating anxiety across sectors. David Gitlin, CEO of Carrier Global, echoed the sentiment during the company’s earnings call: “There’s so much we don’t know. Will exemptions be granted? Will these tariffs even take effect?”

The White House’s track record of abrupt reversals has left businesses guessing. Earlier this year, Trump scrapped a similar tariff against Colombia after only 12 hours. Companies are left wondering if lobbying efforts or diplomatic maneuvers could soften the blow.

Stock Market Reactions and Global Ripples

The uncertainty has also rattled global markets. Shares in Chinese automakers Xpeng and Geely tumbled on Tuesday, reflecting fears of broader economic impacts. In the U.S., Coca-Cola shares rose 3.6% amid optimism over its strategic pivot, while Ford and other automakers braced for potential turbulence.

The Path Forward

With the tariffs looming, U.S. companies are employing a mix of strategies: stockpiling inventory, exploring alternative materials, and passing costs onto consumers. However, the road ahead remains fraught with challenges. As these tariffs threaten to reshape industries, the question remains: how far can businesses stretch before the chaos overwhelms them?

For now, executives are walking a tightrope, balancing immediate needs with long-term stability. Amid the uncertainty, one thing is clear: the cost of these tariffs is more than financial—it’s reshaping the future of American industry.

Read more on Trump tariff threats shake Canadian Aerospace industry, threaten supply chains

Tags: Donald TrumpFordHeadline

Related Posts

China car export
News

Car buyers urged to act fast as tariffs, tight supply push prices near $53,000

September 16, 2025
Ford Motor Electric vehicles
Electric Vehicles

Ford to cut 1,000 Jobs in Cologne as Europe’s EV demand slows

September 16, 2025
2016 Toyota Camry
News

Car ownership: Top five luxury cars under ₦20m you can buy in Nigeria

September 16, 2025
Carloha Cherry Tiggo 9
Business

Carloha unveils Chery Tiggo 9 with 6-6-7 care package for Nigerians

September 16, 2025
Russia and China barter
Business

Russia swaps wheat for cars as sanctions revive barter trade

September 15, 2025
Red Bull’s Verstappen breaks F1 speed record with fastest lap in history
News

Red Bull’s Verstappen breaks F1 speed record with fastest lap in history

September 7, 2025
Next Post
Ford Truck Roof Collapse

Ford ordered to pay $2.5bn over super duty truck roof collapse

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

Nigeria’s auto sector

Nigeria’s auto industry gets a boost as VON, NADDC partner for growth

February 23, 2025
BMW 5 Series

BMW to recall 1.36 million cars in China over faulty airbags

August 16, 2024
Kia EV

Rising challenges won’t deter Kia’s 2030 EV ambition, CEO reaffirms

November 15, 2024
Airbus A330

Long-haul travel: Top four airlines redefining comfort with the Airbus A330

March 21, 2024

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • More than 100 million Americans are trapped in $1.6trn car debt, larger than Saudi Arabia’s economy
  • Car buyers urged to act fast as tariffs, tight supply push prices near $53,000
  • Ford to cut 1,000 Jobs in Cologne as Europe’s EV demand slows
  • Car ownership: Top five luxury cars under ₦20m you can buy in Nigeria

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In