Latest in Volvo Cars weighs tariffs led production move, warns of 'hyper competitiveness' in China
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Volvo Cars weighs tariffs-led production move, warns of 'hyper-competitiveness' in China
"We're preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation," Volvo Cars CEO Jim Rowan told CNBC.CNBC - 5h -
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Inside Trump and Trudeau's conversations that led to pause on tariffs against Canada
President Trump has paused his planned tariffs against Canada after speaking with Canadian Prime Minister Justin Trudeau. CBS News national correspondent Nikki Battiste reports.CBS News - 1d -
Tariffs on Mexico, Canada delayed as China announces counter tariffs on some U.S. products
After the 25% tariffs on goods from Canada and Mexico were halted for 30 days, the 10% tariff on Chinese goods took effect at midnight. Shortly after, China announced 10-15% counter tariffs on some ...CBS News - 2d -
China announces counter tariffs on numerous U.S. products
China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust probe into Google and other trade measures.CBS News - 2d -
China hits back at Trump with new tariff on U.S. products
China retaliated immediately on Tuesday as a 10% U.S. tariff on Chinese goods went into effect, announcing its own levies of 10% to 15% on some U.S. products.NBC News - 2d -
From beer to consumer products, these names could benefit from Trump’s tariffs
President Trump has made good on his campaign promise to launch a trade war on Canada, Mexico and China. These names could benefit.MarketWatch - 2d -
Some Canadians are boycotting U.S. products in protest of looming tariffs
Some Canadians have begun boycotting American products and booing the U.S. national anthem at professional sporting events in protest of President Donald Trump’s looming tariffs.NBC News - 2d -
Trump's tariffs could threaten Hollywood production, box office recovery
Trump's import tariffs could threaten a long-standing relationship between Hollywood and Canada and could force American consumers to pull back on moviegoing.CNBC - 2d -
Breaking down Trump's tariff moves
President Trump's tariffs against Mexico, Canada and China are part of his efforts to mitigate America's deficit. CBS News national security contributor Sam Vinograd breaks down the tariff strategy ...CBS News - 2d -
President Trump hits Canada, Mexico and China with tariffs and warns Europe
President Trump signed an executive order on Saturday imposing 25% tariffs on imports from Canada and Mexico and an extra 10% on goods from China. It is set to take effect Tuesday at 12:01 a.m. The ...CBS News - 3d -
Here are the products and companies most at risk from Trump's tariff plans
President-elect Donald Trump's proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, french fries, furniture and beer.CNBC - 3d -
2025 Daytona 500: Shaquille O'Neal to design Jimmie Johnson's car after winning free throw competition
Shaq won the right to design the paint scheme for the NASCAR Hall of Famer's Daytona 500 entryCBS Sports - 3d -
Trump tariff moves rattle markets
Markets slipped Friday as President Trump prepares to implement steep import taxes on top U.S. trading partners Saturday. The S&P 500 closed 0.5 percent below open, and the Dow Jones Industrial ...The Hill - 5d -
Apple profits top estimates even as competition dents China iPhone sales
Silicon Valley group says there are signs rollout of AI features will boost handset demandFinancial Times - 6d -
Oil ends higher as traders weigh tariff uncertainty, await next move from OPEC+
Oil futures finished higher Thursday as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico.MarketWatch - 6d -
Aston Villa weigh up move for Wolves’ Matheus Cunha and target striker
Wolves adamant they will not sell key player Cunha Villa may move for a like-for-like Durán replacement Aston Villa are weighing up a move for Matheus Cunha with Jhon Durán expected to finalise ...The Guardian - Jan. 30 -
Car production at UK plants falls below 1mn vehicles
European exports slide as carmakers wrestle with slowing sales of EVs in Germany and FranceFinancial Times - Jan. 30 -
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How Trump tariffs could upend car markets in Europe, the US and China
Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain. The internal combustion engine appears to hold a special place in Donald Trump’s ...The Guardian - Jan. 29 -
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Tesla to Recall Cars in China on Safety Concerns
Tesla China plans to fix 1.2 million China-made and imported vehicles with software issues.The Wall Street Journal - Jan. 24 -
Trump Tells Davos: Make Your Product in America---or Pay Tariffs
The U.S. president used the World Economic Forum to offer the global elite a warning: He intends to follow through on his “America First” campaign promises.The Wall Street Journal - Jan. 23 -
Democrats weighing limits on presidential pardons after Trump, Biden moves
House Democrats are calling for Congress to rein in the president’s pardon powers after President Trump’s mass clemency for the Jan. 6 mob and President Biden’s reprieve for certain family members. ...The Hill - Jan. 23 -
Record number of US companies weigh China exit as Trump tensions rise
Technology and R&D groups among most likely to consider relocation amid brewing trade conflictFinancial Times - 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 -
China’s navy commissions new frigate amid rising competition with the US and others
China has commissioned a new-generation frigate as competition rises with the U.S. and other regional powers, saying the ship will “play a vital role in enhancing the overall combat effectiveness" ...ABC News - Jan. 22 -
U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production
Oil prices are down as Trump moves to implement his trade and energy agenda.CNBC - Jan. 21 -
Trade war has no winners, China's vice premier warns, as Trump threatens tariffs
Chinese Vice Premier Ding Xuexiang warned of "no winners" in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.CNBC - Jan. 21 -
Europe must 'wake up' and boost competitiveness — or risk falling behind in the Trump era, CEOs warn
European business chiefs warned Tuesday that the region risks falling behind its counterparts in the U.S. and Asia.CNBC - Jan. 21 -
China executes man for car rampage that killed dozens
The attacker ploughed into people outside a stadium in the country's deadliest attack in a decade.BBC News - Jan. 20 -
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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 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
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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 -
Mexico president addresses fentanyl production after Trump's tariff threat
President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.CBS News - Jan. 8