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TRUMP TARIFFS ON AUTOMAKERS
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Global Market: China’s April growth slows sharply as consumption, factory output weakenChina's economy shows signs of slowing down. Industrial output, retail sales, and investment activity weakened in April. This slowdown is l...
- China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
- US Stocks end lower on mounting inflation worriesU.S. stocks declined Friday as rising crude prices fueled global inflation fears, pushing Treasury yields higher and making equities less a...
- US stocks today: Dow Jones crashes 500 points on mounting inflation worriesU.S. stocks pulled back from record highs as rising crude oil prices and surging Treasury yields triggered fresh inflation concerns. The se...
- Honda suspends plans for new electric vehicle plant in CanadaJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
- Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentialsJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
- House lawmakers introducing bill to toughen US ban on Chinese vehiclesU.S. lawmakers are introducing legislation to strengthen the ban on Chinese automakers entering the American market, building on a Biden ad...
- US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
- Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
- Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...
- NATO seeks details as US says it will pull about 5,000 troops from GermanyNATO is collaborating with the United States to comprehend Washington's decision to reduce its troop presence in Germany by 5,000. This mov...
- Apple to reinvest Trump tariff refunds in US economy, says Tim CookApple is actively seeking refunds for tariffs it has paid to the U.S. government. According to CEO Tim Cook, any funds recovered will be di...
- Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
- US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
- US stocks today: Nasdaq underperforms S&P 500, Dow as AI growth worries hit tech stocksThe Nasdaq Composite saw a decline on Tuesday. Investors are questioning the sustainability of the artificial intelligence boom for tech st...
- Trump tariffs here to stay, US trade official tells Mexican firms: SourcesUS trade representatives have informed Mexico that President Trump's tariffs on auto and steel sectors are here to stay. These duties will ...
- Trump tariff refunds begin today: Gokaldas Exports, Avanti Feeds, other textile and shrimp stocks rally up to 7%Export-oriented shrimp and textile stocks rallied up to 7% on Tuesday after the US began rolling out refunds for tariffs imposed during Don...
- US weighs tougher auto import rules to accelerate reshoringThe Donald Trump administration is considering changes to North American trade rules that could raise tariffs on imported vehicles and push...
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