Latest in Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
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Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - Jan. 25 -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - Jan. 24 -
Ontario premier Doug Ford to call snap election to fight Trump tariff threat
Progressive Conservative leader of Canada’s most populous province seeks ‘strong mandate’ to counter 25% tariff plan. The Ontario premier, Doug Ford, has said an early election is needed in the ...The Guardian - Jan. 24 -
Dollar falls after Trump hints at softer stance on China tariffs
US president also says he would like to see interest rates to fall ‘a lot’Financial Times - Jan. 24 -
Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion
The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.The New York Times - Jan. 24 -
Ford recalls over 270,000 Bronco Sport and Maverick vehicles for 12-volt battery failure issues
Ford recalled hundreds of thousands of vehicles because of concerns over battery failure issues, the National Highway Traffic Safety Administration said.NBC News - Jan. 23 -
Trump’s Mexico tariffs would shift plants to Asia, warns car parts maker
Sumitomo Electric head says president’s proposed 25% duty would amount to the US ‘strangling’ itselfFinancial Times - Jan. 23 -
Trumps Threatens Tariffs Feb. 1 on Canada, Mexico and China
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.The New York Times - Jan. 23 -
Trump Keeps China Guessing on Tariff Threats
The president postponed what appeared to be a looming clash on trade and expressed a willingness to talk business, but he remains critical of Beijing.The Wall Street Journal - Jan. 22 -
China stocks and renminbi hit by Trump’s 10% tariff threat
Benchmark Hong Kong share index down 1.8% after trade shot at BeijingFinancial Times - Jan. 22 -
China sees room to avert trade war with Trump despite tariff threat
New US president hints at potential agreement linking TikTok ownership with tariffsFinancial Times - Jan. 22 -
Trump considers 10% tariff on China from February
The new president accused Beijing of sending fentanyl to Mexico and Canada which ends up in the US.BBC News - Jan. 22 -
With Trump digital coins, billions of dollars — and crypto's credibility — are at stake
The creation of billions of dollars of digital wealth for the Trump Organization started with a social media post Friday.NBC News - Jan. 21 -
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - Jan. 21 -
The U.S. dollar slumps as Trump 2.0 kicks off with no immediate tariffs
Why President Donald Trump’s Inauguration Day led to a weakening of the U.S. dollar, according to BofA.MarketWatch - Jan. 21 -
The Dodgers Won the World Series. Then They Spent Nearly Half a Billion Dollars.
It’s been 25 years since an M.L.B. team won back-to-back titles, but Los Angeles is unfazed.The New York Times - Jan. 21 -
Stocks set to rise, dollar falls as Trump holds back on tariff ‘shock and awe’
Bitcoin, which soared to a record above $109,000 early Monday, was also pulling back.MarketWatch - Jan. 21 -
Trump says China tariffs could hinge on TikTok deal
President signs executive order giving popular video app’s owner 75 days to find US buyerFinancial Times - Jan. 21 -
Trump's crypto-frenzied inauguration weekend makes first family billions of dollars richer
Donald Trump launched a meme coin Friday night, while many of his backers were partying at the Crypto Ball in Washington, D.C.CNBC - Jan. 20 -
Dollar slides as Trump shies away from immediate trade tariffs
Euro, sterling and Canadian currencies rally sharply against greenbackFinancial Times - Jan. 20 -
Dow futures rise and dollar dives as tariffs appear not to be a Day 1 action item for Trump
Futures on the Dow Jones Industrial Average rose in electronic trade and the U.S. dollar slumped Monday after a report that President-elect Donald Trump won’t impose new tariffs during his first ...MarketWatch - Jan. 20 -
China can outfox Trump’s tariffs
Beijing is agile enough to swerve US protectionismFinancial Times - Jan. 19 -
How President Trump and the dollar might affect your investment portfolio
Also: Value stocks, the start of earnings season, retirement planning for people of all ages and a new development in the space race.MarketWatch - Jan. 18 -
NHTSA Looking Into Reports of Engine Failures in Certain GM Vehicles
Complaints received by the agency allege a bearing failure that may result in either an engine seizure or a breaching of the engine block. GM said it is cooperating with the agency.The Wall Street Journal - Jan. 17 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
Three reasons Trump tariffs aren't China's only problem
China's economy has hit the government's 5% growth target for 2024 in the face of multiple challenges.BBC News - Jan. 17 -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - Jan. 16 -
Billion-dollar video game: is this the most expensive piece of entertainment ever made?
How player-funded development launched a multiplayer game of galactic proportions – and costs – in Star Citizen. How much does it cost to make a video game? The development expenses of blockbuster ...The Guardian - Jan. 16 -
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.The New York Times - Jan. 15 -
GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials
The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries.The Wall Street Journal - Jan. 15 -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverageFinancial Times - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
Under Shadow of Planned Tariffs, Auto Suppliers Rethink Production Plans
From the sidelines of CES 2025, global car parts suppliers ponder the consequences of Trump’s threatened import duties.Inc. - Jan. 9 -
Why investors should watch the dollar as markets make sense of Trump’s tariff plans
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets ...MarketWatch - Jan. 8 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8
