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The American Automotive Policy Council, which represents GM, Ford and Jeep-maker Stellantis, sent a letter to Trump’s trade team on Friday.

OpenAI Chief Financial Officer Sarah Friar recently said the company’s annualized revenue topped $20 billion in 2025, up from roughly $6 billion the year prior.

Costco and other firms that filed early lawsuits may have an edge when it comes to collecting any refunds.

Along with the flat 10% rate, Trump said he would keep in place existing import taxes under Section 301 and Section 232 and signaled plans to launch more trade investigations.

Ali Vaez, an Iran expert at the International Crisis Group, said Iran “would treat any kinetic action as an existential threat.”