Latest in Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
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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 -
The strong dollar conundrum facing the Trump administration
The U.S. dollar is expected to strengthen in 2025 due to the Trump administration's preference for a weaker dollar, but this could lead to high inflation and global economic turmoil.The Hill - Jan. 19 -
Speaker Johnson: No better ‘dollar-for-dollar investment’ than Trump’s mass deportation plan
Speaker Mike Johnson (R-La.) exclusively joins Meet the Press to voice support for President-elect Trump’s immigration plans despite concern over the cost.NBC News - Jan. 19 -
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 -
One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend its currency.The Wall Street Journal - 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 -
The alarming contradictions awaiting Donald Trump’s dollar
Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currenciesFinancial Times - Jan. 16 -
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.The Wall Street Journal - 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 looks to make cheaper EV batteries after signing multibillion-dollar deal
General Motors aims to boost EV profitability with its deal with Norway-based graphite manufacturer Vianode for battery materials.MarketWatch - 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 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
Trump and Republicans Cannot Stop Electric Vehicles, Experts Say
More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.The New York Times - Jan. 11 -
How does a criminal conviction affect Trump, if at all?
President-elect Donald Trump will become the first sitting U.S. president to have a criminal record when he takes office in 10 days. CBS News legal analyst Rikki Klieman breaks down what this means ...CBS News - Jan. 10 -
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 -
Raiders fire Tom Telesco: Las Vegas parts ways with GM two days after firing HC Antonio Pierce
Vegas is cleaning house yet againCBS Sports - Jan. 9 -
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 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - 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 -
Deion Sanders reacts to Titans firing GM: Does it affect Tennessee as landing spot for Shedeur in NFL Draft?
Tennessee, which owns the No. 1 overall pick, made a big decision TuesdayCBS Sports - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - Jan. 7
