Over the past three decades, the global auto industry has gotten, well, more global. Manufacturers built scores of factories outside their home countries to reduce exposure to currency swings, take advantage of cheaper labor and manufacture cars closer to buyers.
June 22, 2018Donald Trump Transportation News Updates
Global Auto Sector Likely to Feel Effects of Tariffs
Ambassador Bridge Owner Manuel Moroun Asks Trump to Halt Gordie Howe Bridge Project
After fighting unsuccessfully for years in court and at the ballot box to prevent construction of the Gordie Howe International Bridge, the owners of the Ambassador Bridge are turning to President Donald Trump for help.
June 21, 2018US Firms Weigh Higher Freight Bills Now Against Paying Tariffs Later
New tariffs on imports from China may leave American companies with a choice 鈥 pay a higher freight bill now or pay the tariffs starting soon.
June 21, 2018China Vows to Retaliate as Trump Targets $200 Billion in Tariffs
Trade tensions between the world鈥檚 biggest economies intensified, with China vowing to retaliate 鈥渇orcefully鈥 against President Donald Trump鈥檚 threatened tariffs on an additional $200 billion in Chinese imports.
June 19, 2018Here鈥檚 How a US-China Trade War Could Play Out
President Donald Trump is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured 鈥 and it also could take a while.
June 18, 2018In Prelude to Trade War, US Details Tariffs on $50 Billion of Chinese Goods
WASHINGTON 鈥 The Trump administration, rekindling its simmering trade war with China, issued a list of $50 billion of Chinese imports June 15 that would be subject to hefty tariffs.
June 15, 2018Trump Says He May Upset China Over Trade Action in Coming Weeks
President Donald Trump said he鈥檒l confront China 鈥渧ery strongly鈥 over trade in the coming weeks, and send a warning to North Korea鈥檚 biggest trading partner after his meeting with Kim Jong Un.
June 13, 2018Trump Says He鈥檒l Quit NAFTA If New Deal Can鈥檛 Be Reached
U.S. President Donald Trump is renewing his threat to quit NAFTA, after his economic adviser earlier this week said he wouldn鈥檛.
June 8, 2018Bernanke Says US Economy Faces 鈥榃ile E. Coyote鈥 Moment in 2020
U.S. economic growth could face a challenging slowdown as the Trump Administration鈥檚 powerful fiscal stimulus fades after two years, according to former Federal Reserve Chairman Ben Bernanke.
June 8, 2018California Seeks White House Meeting on Fuel-Efficiency Revamp
California air-pollution regulators want to meet with Trump administration officials over plans to ease federal auto-efficiency standards, saying in a letter to the White House that efforts to undermine the state鈥檚 authority would run afoul of the law.
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