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Tesla's China Ambitions -- Not Tariffs -- Might Hinder the Company
As the U.S.-China trade war heats up, the electric car company signed an agreement in Shanghai to build a plant it says will produce 500,000 vehicles a year. China is one of the world's largest markets for electric vehicles and Musk has...
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Tesla's China Ambitions — Not Tariffs — Might Hinder the Company
As the U.S.-China trade war heats up, the electric car company signed an agreement in Shanghai to build a plant it says will produce 500,000 vehicles a year. But given Tesla's track record of missing production targets, the carmaker...
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Toyota Launches Car-Sharing Service in Hawaii
The company, in partnership with Servco Pacific, launched the app Hui on Tuesday in Honolulu, Hawaii, with plans to open in other locations internationally. Hui enables users to choose from a fleet of Toyota and Lexus cars to rent out by...
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Toyota Exec: Tariffs Have 'Nothing To Do With National Security'
The U.S. tariffs would only end up hurting the consumer and the automakers employees across its plants and distribution centers in America, says Zack Himes, CEO and president of the Toyota Connected unit in North America.
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Re. Hill: Steel and Aluminium Tariffs Are a 'Double Edged Sword'
Taxing foreign steel and aluminium "hurt American consumers, hurt American manufacturers," says Rep. French Hill (R-Ark.). Instead, says Hill, the president should use tariffs more "discreetly" and focus on punishing China. Steel and...
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Rep. Hill: Steel and Aluminium Tariffs Are a 'Double Edged Sword'
Taxing foreign steel and aluminum "hurt American consumers, hurt American manufacturers," says Rep. French Hill (R-Ark.). Instead, he says, the president should use tariffs more "discreetly" and focus on punishing China. Steel and...
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Trade War Kicks Into High Gear
The trade war continued to escalate overnight when the White House announced the possibility of rolling out additional tariffs on $200 billion worth of Chinese imports including agricultural goods, apparel, and appliances. Leaders from...
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U.S. tariffs' impact on Canadian lumber
Canada's big mills aren't hurting, though smaller mills are beginning to feel the effects.
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President Trump Attacks Harley Davidson For Decision to Boost Production Overseas
President Trump criticized the American motorcycle manufacturer after the company announced plans to move some of its production overseas to avoid EU retaliatory tariffs. The president blasted Harley Davidson in a tweet, saying "they...
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President Trump Attacks Harley Davidson For Shifting Production Overseas
President Trump criticized the American motorcycle manufacturer on Tuesday for the company's plans to move some of its production overseas to avoid the EU's retaliatory tariffs. The president blasted Harley Davidson in a tweet, saying...
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Trump Attacks Harley-Davidson For Shifting Production Overseas
The president criticized the American motorcycle manufacturer on Tuesday for its plans to move some production overseas to avoid retaliatory tariffs from the EU. The president blasted Harley-Davidson in a tweet, saying "they surrendered,...
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The EU Commissioner plays down Trump's trade tariffs on imports of cars
The American tariffs threatened on all imports of EU-assembled cars are small. That from the EU Commissioner for Trade. At a press conference about trade and investment barriers on Tuesday Cecilia Malmstrom says the sums are slight,...
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Rep. Emanuel Cleaver: It Could Take Years to Replace Harley
The Missouri Congressman and former Kansas City mayor told Cheddar he's worried about the economic impact of Harley-Davidson moving production out of the U.S. The motorcycle manufacturer said it would shut down its Kansas City plant in a...
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Rep. Emanuel Cleaver: Harley's Tariff Pain Is a Bad Sign for U.S. Economy
The Missouri Congressman and former Kansas City mayor said that Harley-Davidson's decision to move some of its motorcycle production abroad is just the first sign of a slowdown in the American economy and that President Trump's tariffs...
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Rep. Emanuel Cleaver: Harley's Tariff Pain a Bad Sign for U.S. Economy
The Missouri congressman and former Kansas City mayor said that Harley-Davidson's decision to move some of its motorcycle production abroad is just the first sign of a slowdown in the American economy and that President Trump's tariffs...
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Canada-U.S. trade war starts to scare industry leaders
The Canada-U.S. trade war is starting to scare industry leaders, as Canada's deadline for tariffs on American goods is set to kick in.
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White House to Ease Restrictions on Chinese Investment in U.S. Tech
The administration announced Wednesday that it will not prevent companies with 25% Chinese ownership or more from investing in U.S. tech companies. Treasury Secretary Steven Mnuchin said it would be “unfortunate” if Wall Street...
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New FoxConn Plant Will Cost Wisconsin Taxpayers Nearly $4 Billion
President Trump appeared in Wisconsin on Thursday to praise Foxconn for its decision to build a manufacturing plant in the state. But many Wisconsin taxpayers are wary of the $4 billion in tax incentives that Gov. Scott Walker engineered...
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FoxConn Math: 13,000 Jobs in Wisconsin at a Cost of $4 Billion
President Trump appeared in Wisconsin on Thursday to praise Foxconn for its decision to build a manufacturing plant in the state. But many Wisconsin taxpayers are wary of the $4 billion in tax incentives that Gov. Scott Walker engineered...
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Canada's response
CBC's Tom Parry on the latest from Ottawa on the retaliatory tariffs against the U.S.
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Retaliatory tariff list finalized, industry aid announced
Canada's list of retaliatory tariffs on U.S. goods has been finalized, and on the same day, the federal government announced $2 billion in aid for the steel and aluminum sector.
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Trudeau talks tariffs and trade on Canada Day
Prime Minister Justin Trudeau speaks with CBC's Rosemary Barton from Leamington, Ont., as Canada's $16.6 billion in retaliatory tariffs on U.S. products come into effect
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EU tries to stop US imposing tariffs on its car industry
The European Union has warned the United States that imposing import tariffs on cars and car parts will harm its own car industry and likely lead to counter-measures by its trading partners on 253 billion euros of U.S. exports. The...
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Markets Drop as Trade Fears Escalate
U.S. markets started the third quarter on a down note Monday, with the Dow Industrials falling nearly 200 points in early trade. Weighing on investors minds: continued uncertainty over trade policy, as retaliatory tariffs from Canada...