Keyword "RATI:REGULATORY-POLICY" - List of latest news (722 results)

07:41 Trade war and safety concerns take centre stage at Shanghai auto show

China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars.

04:21 South Korea to seek speedy solution on auto tariffs in US trade talks

South Korea's Industry Minister Ahn Duk-geun said on Wednesday that Seoul will seek a speedy solution over auto tariffs in trade talks with U.S. counterparts and is also prepared for the prospect of Washington bringing up the issue of defence costs.

03:43 Focus: Hyundai Steel's $6 bln US investment draws investor ire, tests Seoul's tariff strategy

In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a $6 billion investment in the U.S., the company organised a call with a dozen investors to calm nerves over the project that lacked detailed funding plans.

03:43 Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths

Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China's export restrictions of rare earth magnets.

21/04 Republican lawmakers face clean-energy conundrum as they work on tax bill

Major clean energy investments in their districts are at odds with Trump's skepticism of the industry.

20/04 Japan seeks 'fairness' in currency talks with US, Prime Minister Ishiba says

Trump accused Tokyo of intentionally weakening the yen to give its exporters an unfair advantage.

19/04 Buick finally had cars Americans wanted to buy - then came tariffs

Buick’s three most popular models are made outside the U.S. That means all three are now subject to stiff tariffs that could add thousands to sticker prices on dealer lots in the U.S.

18/04 Ford halts shipments of vehicles to China amid tariffs

Ford Motor said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%.

18/04 Exclusive: Toyota weighs adding US production of new RAV4 in response to tariffs, sources say

Toyota is considering producing the next version of its top-selling RAV4 SUV in the United States, three people familiar with the matter said, becoming the latest automaker to rethink supply chains to lessen the hit from U.S. tariffs on imported vehicles.

17/04 Forvia on track to mitigate full exposure to US tariffs, CEO says

Forvia has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.

17/04 Ford Motor may hike prices if Trump's auto tariffs persist, memo says

Ford Motor may raise prices on its new vehicles if U.S. President Donald Trump's auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters.

16/04 Trump's trade war ripples through the business world, hits stocks again

The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.

16/04 China's Xpeng says it reviewed supply chain to insulate it from tariff turmoil

Chinese electric vehicle maker Xpeng said on Wednesday that it had done a "thorough analysis" of its supply chain to ensure it would not be impacted by the current turmoil caused by U.S. President Donald Trump's tariffs and tensions with China.

16/04 Exclusive: Trump's tariffs on Chinese parts for Cybercab, Semi disrupt Tesla's US production plans, source says

Elon Musk has been touting the models as major innovations.

16/04 Trump orders tariff probe on all US critical mineral imports

U.S. President Donald Trump on Tuesday ordered a probe into potential new tariffs on all U.S. critical minerals imports, a major escalation in his dispute with global trade partners and an attempt to directly rebuke industry leader China.

15/04 Brazil auto market offers warning for US tariff policy

When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars.

15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

13/04 Trump aide Navarro brushes off Musk insults, says, 'I've been called worse'

White House trade adviser Peter Navarro brushed off insults from Elon Musk on Sunday, saying "Elon and I are great" after a public spat over President Donald Trump's sweeping global tariffs.

11/04 Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN

Sweden's Volvo Cars , which is controlled by Chinese auto maker Geely (GEELY.UL), will need up to two years to expand its U.S. car production in order to avoid hefty import tariffs, CEO Hakan Samuelsson told daily Dagens Nyheter (DN) on Friday.

11/04 French bikers race to buy Harleys before possible tariffs

Sales are brisk at the Villiers-Sur-Marne Harley-Davidson dealership outside Paris, where French bikers reckon they had better hurry if they want the American motorcycle of their dreams before trade war puts them out of reach.

11/04 Study finds Trump's 25% auto tariffs could cost US automakers $108 billion

A new analysis by the Center for Automotive Research has found that President Donald Trump's 25% auto tariffs imposed in early April will increase costs by about $108 billion for automakers in the U.S. in 2025.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Intel CEO Lip-Bu Tan's wide-ranging investments in China

The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.

10/04 Trump does not pause 25% US auto tariffs, drawing criticism from Michigan business and auto groups

President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto parts, drawing criticism from Michigan business and auto groups.

09/04 From juice to jewellery: which U.S. goods will EU hit with tariffs?

The European Union will launch countermeasures from next Tuesday against U.S. President Donald Trump’s steel and aluminium tariffs with extra duties on 21 billion euros ($23 billion) of U.S. imports.

09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.

09/04 South Korea announces emergency measures for auto industry hit by US tariffs

South Korea on Wednesday announced emergency support measures for its auto sector, seeking to reduce the blow of U.S. President Donald Trump's tariffs on a sector that has seen years of sharply rising exports to the United States.

08/04 'Boys will be boys': White House on Elon Musk-Peter Navarro tariff tiff

As Elon Musk called one of President Donald Trump's top economic aides a "moron," the White House on Tuesday declared that "boys will be boys."

08/04 'It's like throwing darts blindfolded'; tariffs take toll on Chinese exporters

Chinese manufacturers of goods from tableware to flooring are flagging profit warnings, scrambling to plan new overseas plants or accelerate offshore projects, while haggling with customers over prices as they reel from President Donald Trump's tariffs.

07/04 Trading Day: Trump's tariff wrecking ball still swinging

TRADING DAY

07/04 EU Commission proposes 25% counter-tariffs on some US imports, document shows

The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.

07/04 Trump adviser Navarro dismisses Musk as 'car assembler' after tariff comments

Peter Navarro, President Donald Trump's top trade adviser, on Monday dismissed tech-billionaire Elon Musk's push for "zero tariffs" between the United States and Europe, calling the Tesla CEO a "car assembler" reliant on parts from other countries.

07/04 Volkswagen's Audi holding cars in U.S. ports due to autos tariff

Volkswagen's Audi is holding its cars which arrived after April 2, when Donald Trump announced a 25% tariff on autos imports, in U.S. ports, it said on Monday, as companies scramble to work out how they will be affected by the duties.

07/04 EU prioritises talks with US to get Trump's tariffs removed

European Union ministers broadly agreed on Monday that the bloc should prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted countermeasures.

07/04 Exclusive: After Trump, EU seeks zero tariff from India on car imports, sources say

The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra Modi's government is willing to sweeten its current proposal to seal the talks, sources told Reuters.

07/04 South Korea to prepare support measures as US tariffs loom

South Korea's finance minister said on Monday the government would prepare support measures for sectors with urgent needs, ahead of U.S. President Donald Trump's 25% tariff, which will come into force this week.

06/04 EU seeks unity in first strike back at Trump tariffs

The European Commission, which coordinates EU trade policy, will propose to members late on Monday a list of U.S. products to hit with extra duties in response to Trump's steel and aluminium tariffs rather than the broader reciprocal levies.

05/04 UK's Jaguar Land Rover to pause shipments to US over tariffs

Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.

05/04 Nissan considers transferring some domestic production to US, Nikkei says

Nissan Motor is considering shifting some domestic production of U.S.-bound vehicles to the U.S., the Nikkei reported on Saturday, as President Donald Trump ramps up trade tariffs on nations worldwide.

04/04 Automakers provide stable pricing for now, but warn of future hikes

Automakers are offering deals to anxious customers to ride a short-term surge in shopping, while also warning lawmakers that they will have to raise prices dramatically if tariffs remain in place for long.

04/04 Nowhere to hide: Trump tariffs leave trading partners cornered

U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace.

04/04 Nissan says it will not take new US orders for Mexican-built Infiniti SUVs

Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by U.S. President Donald Trump, in a drastic scale-back of its operations at a joint venture plant.

03/04 Exclusive: GM to increase US truck production following Trump's tariffs

General Motors is moving to increase production of light-duty trucks out of its Fort Wayne, Indiana, assembly plant, according to a webcast sent to plant employees and obtained by Reuters.

03/04 Stellantis says will temporarily lay off 900 U.S. workers following tariff announcement

Stellantis NV STLAM.MI said on Thursday it was temporarily laying off 900 workers at five U.S. facilities after President Donald Trump's tariffs were announced, and temporarily pausing production at an assembly plant in Mexico and one in Canada.

03/04 Trump tariffs set stage for wave of profit warnings

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks. With President Donald Trump's multi-front trade war now in full effect, investors and analysts expect a barrage of corporate profit warnings in the coming weeks that could jolt the stock market.

03/04 Trump tariffs: Companies grapple with a new reality 

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.

03/04 Canada will impose counter measures on United States, says Carney

Canada will fight U.S. President Donald Trump's tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday.

03/04 Exclusive: Ford to offer across-the-board discounts, jumping on recent tariff-induced sales bump

Ford Motor plans to announce discounts across multiple models starting on Thursday, three sources said, leaning on its healthy inventory to offer customers thousands off their vehicles as some competitors have hiked prices to absorb added costs from tariffs.

03/04 French wine, spirits sales in US expected to fall 20% after tariff announcement

Sales of French wine and spirits are expected to slide at least 20% in the United States after U.S. President Donald Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.

03/04 Trump's auto tariffs to cover $600 billion in imports, including laptop computers

U.S. President Donald Trump's 25% auto tariffs will cover nearly $600 billion worth of vehicles and auto parts imports annually and extend to all computer imports into the U.S. - including laptops - according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.

02/04 US tariffs upend Japanese carmakers' Mexico gambit - and add to Nissan's woes

Japanese automakers have long relied on the "dependable and affordable" appeal of their economy cars to drive U.S. sales, thanks in part to low-cost production in Mexico. Now, U.S. President Donald Trump is turning that business model on its head.

02/04 Exclusive: India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.

02/04 China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.

02/04 How one of the largest auto suppliers in the world is preparing for Trump's tariffs

Walking through a Michigan plant past whirring robotic arms and flying sparks, Swamy Kotagiri, the CEO of Canada-based auto supplier Magna reflected on how he is trying to "control the uncontrollable" in the midst of industry-shaking tariffs.

01/04 US first-quarter auto sales get a lift from looming Trump tariffs

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

01/04 Volkswagen, Stellantis and other carmakers hit with $495 million EU cartel fine

Volkswagen , Stellantis , 13 other carmakers and their car association were fined a total of 458 million euros ($495 million) by EU antitrust regulators on Tuesday for taking part in a vehicle recycling cartel.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

01/04 Breakingviews - Trump tariff liberation means endless complication

Donald Trump is calling it Liberation Day. The president claims prospective tariffs on trillions of dollars of U.S. imports, which he is preparing to reveal on Wednesday, will mark the moment that global trading partners stop taking advantage of the United States. In fact, the decision could kick off a series of retaliations and negotiations which will drag on for years. Trump’s devotion to using

01/04 Trump's auto tariffs will lead to autoworker pain, two Michigan business groups say

Two Michigan business groups urged President Donald Trump to halt plans to impose sweeping 25% tariffs on imported vehicles and parts, saying it would lead to dramatic price hikes, supply-chain disruptions and pain in the auto-heavy state.

31/03 US embassies tell suppliers to comply with Trump ban on diversity policies

The Trump administration has warned suppliers to U.S. embassies and consulates as well as recipients of U.S. grants worldwide that they must comply with its ban on Diversity, Equity and Inclusion (DEI) programmes or risk losing payments.

31/03 Volvo goes back to car industry basics with surprise CEO switch

Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.

31/03 Trump auto tariffs threaten new supply-price shock

As the world emerged from pandemic shutdowns, a supply chain shock left a lasting imprint on the cost of owning a car.

30/03 Why Trump's auto tariffs will hurt his working-class supporters

Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere.

30/03 Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs

U.S. President Donald Trump said on Saturday he did not warn car industry executives against raising prices as tariffs on foreign-made autos come into force, telling NBC News he "couldn't care less" if they do.

29/03 No sign Trump will honor US auto tariff protections won by Canada, Mexico in 2018

Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on global automotive imports.

28/03 Carmakers weigh risk of price hikes as Trump tariffs loom, sources say

European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said, fearing any first-movers could risk a backlash from U.S. President Donald Trump.

28/03 Nikola founder Trevor Milton says he was granted a full pardon by Trump

Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday.

28/03 US car buyers face higher prices, less choice under Trump's tariffs

Major automakers can deal with President Donald Trump's tariffs on U.S. auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models or limits on features for consumers, industry experts said.

28/03 Toyota's global output rises for second month in February on solid Japan sales

Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year.

28/03 Trump tariffs: Canada's prime minister says nothing off the table in response to US duties

Canada will wait until next week to strike back against the latest U.S. threat of tariffs and nothing is off the table regarding possible countermeasures, Prime Minister Mark Carney said on Thursday.

27/03 Ferrari raises some prices in response to U.S auto tariffs

Ferrari plans to increase the prices of some of its cars sold in the United States in response to new tariffs, the luxury carmaker said on Thursday, adding it would stick largely to its financial targets for this year.

27/03 Trading Day: Investors find auto motive for caution

Making sense of the forces driving global markets.

27/03 UK in talks over US car tariffs, could look at Tesla subsidies, finance minister says

Britain is working intensely with Washington to secure an exemption from U.S. autos tariffs and could review subsidies enjoyed by Elon Musk's Tesla to better support its industry, finance minister Rachel Reeves said on Thursday.

27/03 Breakingviews - US auto tariffs zoom past economic speed limit

Donald Trump is threatening to drive the U.S. auto industry so hard that the wheels fall off. In a Wednesday press conference, the president announced25% tariffs on cars and parts, endangering a border-hopping global supply chain. The touted tolls could be enough to total carmakers’ collective profit. Autos are strategically valuable, but this goes too far, too fast.

27/03 JLR-parent Tata Motors, Tesla's Indian suppliers skid on US auto tariffs plan

India's Tata Motors and the country's auto parts makers that supply Tesla , among others, dropped on Thursday after U.S. President Donald Trump announced plans for 25% tariffs on all imported cars and auto parts.

27/03 Auto industry rocked by Trump's 25% tariffs on US imports

U.S. automakers and their global rivals were rocked on Wednesday by President Donald Trump's announcement that he would impose 25% tariffs on all vehicles and foreign-made autoparts imported into the United States.

27/03 What's in Trump's new 25% tariffs on US auto imports?

President Donald Trump on Wednesday followed through on weeks of threats for new tariffs on imported cars, saying a 25% import tax on vehicles not built in the U.S. would kick in next week.

27/03 Reactions to Trump auto tariffs

U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

27/03 Trump auto tariffs: President slaps 25% duties on car imports to US

U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

27/03 Canada will react to Trump's 'attack' soon, could impose tariffs, says Carney

Canada will soon respond to new tariffs on imported vehicles announced by U.S. President Donald Trump and could impose retaliatory measures against the United States, Prime Minister Mark Carney said on Wednesday.

26/03 Trump, ratcheting up trade war, presses ahead with auto tariffs

U.S. President Donald Trump on Wednesday announced plans for long-promised tariffs of up to 25% on automotive imports, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

26/03 Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.

25/03 How companies are responding to Trump's tariffs

Corporate America is scrambling to implement countermeasures as U.S. President Donald Trump's latest tariffs on Chinese imports went into effect last week, while some levies on Canada and Mexico have been suspended.

25/03 Tesla's February market share in Europe drops despite EV pickup

Tesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent.

25/03 Hyundai, Trump announce $21 billion US investment, new steel plant

South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump at the White House on Monday.

24/03 First-quarter US earnings outlook looks less rosy with tariff worries in focus

Analysts are turning more cautious on U.S. corporate earnings for the first quarter of this year.

21/03 Elon Musk calls for prosecutions of Pentagon staff who leaked to the New York Times

Elon Musk said Pentagon staff who spoke to reporters at the New York Times should be prosecuted, after the newspaper reported the billionaire was due to be briefed about the U.S. military's plan for any war that might break out with China.

21/03 Trump denies Musk to be briefed on top-secret plan for potential war with China

U.S. President Donald Trump has denied a New York Times report that his close ally, billionaire Elon Musk, was due to be briefed by the Pentagon on Friday about the U.S. military's plan for any war that might break out with China.

10/03 Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?

Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced.

08/03 China announces retaliatory tariffs on some Canada farm, food products

China announced tariffs on Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October on Chinese-made electric vehicles and steel and aluminium products.

07/03 Mexico aims to boost compliant exports to 90% after U.S. tariff reprieve

Mexico expects to significantly boost the number of compliant companies exporting to the U.S. under a regional trade pact in coming weeks, Economy Minister Marcelo Ebrard said on Friday, after Washington paused tariffs on Mexican shipments entering under the agreement.

07/03 VW may avoid 25% Trump tariff, but BMW and others face trade levy

Volkswagen said on Thursday that its vehicles made in North America will likely avoid being subject to the 25% tariffs U.S. President Donald Trump has imposed on imports from Mexico and Canada, but other carmakers, including BMW, may not be exempt.

06/03 Canada will be in trade war with US for foreseeable future, says Trudeau

Canada will continue to be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, a day after what he called a "colorful" call with President Donald Trump.

05/03 US eyes zero tariff on cars in India trade deal as Tesla entry nears, sources say

The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts, sources told Reuters.

05/03 What the Trump tariffs could mean for America's beloved pickup truck

U.S. President Donald Trump's 25% tariffs on Canada and Mexico have sent the U.S. auto industry scrambling to plan for the massive tax on some of America's best-selling vehicles, including full-sized pickup trucks, while pinning their hopes on a potential deal in Washington.

05/03 Trump exempts some automakers from Canada, Mexico tariffs for one month

The tariffs threaten to derail Canada's fledgling economic recovery and could trigger a recession, as the country relies on the US for 75% of its exports and a third of all imports.

04/03 Automakers warn that Trump tariffs will hike vehicle prices as much as 25%

A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by U.S. President Donald Trump will lead to drastic price hikes.

04/03 US autos, homebuilders, materials take hits as Trump trade war kicks off

Shares of U.S. companies have come under pressure from the latest escalation in Washington's trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials.

04/03 Musk rallies the far right in Europe. Tesla is paying the price.

For the past two months, tech billionaire Elon Musk has promoted Germany’s far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country’s “only hope.”

04/03 Trump and TSMC announce $100 billion plan to build five new US factories

Taiwanese semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that would involve building five additional chips facilities in the country in coming years, its CEO announced with U.S. President Donald Trump on Monday.

03/03 Exclusive: Honda to produce next Civic in Indiana, not Mexico, due to US tariffs, sources say

While several automakers have expressed concerns about the levies, Honda's move is the first concrete measure by a major Japanese car company.

19/02 Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips

Trump has long railed against what he calls the unfair treatment of U.S. automotive exports in foreign markets.

25/01 Exclusive: FTC chairman says COVID is long over, get back to the office

The chairman of the Federal Trade Commission on Friday acknowledged staff anxiety over returning to full-time in the office at an agency where around 80% work from home most of the week, but said the COVID pandemic is long over and workers need to be at their desks.

24/01 BMW joins Chinese EV makers in filing EU court challenge to tariffs

BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court's website.

23/01 Chinese EV makers file challenges to tariffs at EU court

Chinese electric vehicle makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on Thursday.

23/01 Trump’s day-one flurry buries plenty: podcast

The new US president began his term with a rush of orders signaling an immigration crackdown, shifting energy policy and more. In this Viewsroom podcast, Breakingviews columnists debate how much will stick and why the trade barriers at the heart of his agenda are missing.

23/01 Hyundai Motor in GM tie-up talks; sees revenue growth slowing in 2025

Hyundai Motor said on Thursday it is in talks with General Motors to supply commercial electric vehicles to its U.S. peer, as it expects sales growth to halve this year due to softening demand.

22/01 Hyundai Steel actively considering building US plant

South Korea's Hyundai Steel , an affiliate of automakers Hyundai Motor and Kia , said on Wednesday it is actively considering building a steel plant in the United States.

22/01 Trump stirs tariff pot with fresh threats on EU, Feb 1 China deadline

The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.

21/01 German carmakers say Trump tariffs would hurt US consumers, industry

U.S. President Donald Trump's tariff plans would mean higher car prices for U.S. consumers and hit global automakers, Germany's powerful car industry warned on Tuesday, as auto stocks fell on the prospect of higher U.S. import duties.

21/01 Trump raises prospects for a negotiated reset on US-China ties

Donald Trump unexpectedly held off tariffs on China on his first day back at the White House and did not single it out as a threat, raising the prospect of a rapprochement as both sides look to gain from each other rather than rain harm on an adversary.

21/01 Breakingviews - Xiaomi's rally will hit valuation potholes

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year. That helped power its market capitalisation to a record high of $117 billion earlier this month. But a look under the hood suggests valuing Xiaomi's different parts can get messy.

21/01 European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says

New car sales in Europe were up by 0.9% in 2024, led by double-digit growth in hybrid car registrations, which exceeded petrol for a fourth consecutive month in December, industry data showed on Tuesday.

21/01 Some Asian car and battery makers hit as Trump gets to work

Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.

21/01 Trump says he'll roll back Biden executive actions, freeze government hiring

U.S. President Donald Trump said on Monday he will revoke nearly 80 executive actions of the previous Biden administration, with the Republican leader adding that he also will implement an immediate freeze on new regulations and hiring.

20/01 US upgrades probe into 129,000 Ford vehicles over hands-free tech

The U.S. National Highway Traffic Safety Administration said on Monday it is upgrading a probe into 129,222 Ford Motor vehicles over reports of collisions involving the company's hands-free driving technology, BlueCruise.

16/01 Car plants in Europe, N. America face closures in 2025, Gartner says in report

Several European and North American car factories are at risk of being closed or sold this year as automobile brands struggle with overcapacity and price competition, research and advisory firm Gartner said in a report on Thursday.

15/01 Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector

Michigan Governor Gretchen Whitmer warned on Wednesday that potential 25% tariffs on imports from Mexico and Canada suggested by President-elect Donald Trump could harm the U.S. auto sector, increase vehicle prices and benefit China.

15/01 Trump's US presidency return ushers in new era of volatile markets

Trump's tariff plans could further fan inflation fears that pressure bond and stock prices.

15/01 Breakingviews - US engineers decisive split in global auto market

One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, Washington imposed a ban on the sale and import of connected cars and related technology from China. Concerns over data security are compelling, even if the benefits for General Motors , Ford Motor and others of keeping out both competitors and suppliers remain debatable. That

14/01 Musk, Bezos and Zuckerberg to attend Trump's inauguration

Tech CEOs Elon Musk, Jeff Bezos and Mark Zuckerberg will attend U.S. President-elect Donald Trump's inauguration on Monday, according to a source familiar with planning for the event.

11/01 Facing market pain, UK's Reeves says 'pragmatic' China ties will help growth

British finance minister Rachel Reeves, facing criticism for travelling to China during financial market turmoil at home, said on Saturday that "pragmatic and predictable" relations with Beijing would help boost economic growth and trade.

10/01 Cryptoverse: Next wave of US crypto ETFs already in the pipeline

What a difference a year makes.

10/01 US to finalize Chinese vehicle crackdown rules next week, Raimondo says

President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.

09/01 Trump's tariff threat spurs auto suppliers to rethink production plans

Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas.

07/01 What Trump said about Canada, Mexico, NATO and Gaza hostages at news conference

Republican U.S. President-elect Donald Trump held a press conference on Tuesday and spoke about a range of issues including NATO, Israeli hostages in Gaza, his wish for the U.S. to buy Greenland and take control of the Panama Canal.

07/01 Trump's SEC pick likely to give Wall Street easier enforcement ride

Paul Atkins voted several times against punishing big companies and was extremely critical of the agency's enforcement process when he was a top official there in a possible glimpse of what is to come under his leadership.

07/01 US self-driving car companies seek boost under Trump

A group representing self-driving car companies on Tuesday called on the U.S. government to do more to speed the deployment of autonomous vehicles and remove barriers to adoption.

07/01 Tesla supplier Panasonic Energy: cutting China supply 'No.1 objective' for U.S.

Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.1 objective".

06/01 US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military

The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.

02/01 Chinese electric vehicles gain market share in Norway

Chinese electric cars have surged to account for almost 10% of new car sales in Norway in only five years, data from the country's road federation (OFV) showed on Thursday.

02/01 As Musk gains influence, questions hover over US probes into his empire

Last month, in the waning days of the Biden administration, the SEC set a tight deadline of several days for demanding that Elon Musk pay a settlement or face civil charges relating to alleged securities violations during his $44 billion takeover of Twitter in 2022.

02/01 Chinese EV makers extend buying incentives as price war enters third year

Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world's largest auto market continues for a third year.

31/12 Breakingviews - Warnings and worries haunt best-read views of 2024

The past year was a buoyant one for markets. Yet even as share prices rose, our readers sought out columns exploring the risks of imploding stocks, regulatory shocks and Washington’s new status quo. Our best-read views of 2024 feature familiar faces and old obsessions, too.

31/12 Beijing unveils plans to boost driverless vehicle use in capital

China's capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses and taxis.

30/12 Breakingviews - Art of the 2025 deal will be postBidenism

The man credited with writing “The Art of the Deal” is turning out to be more muse than creator. With his return to the White House, Donald Trump will help inspire a fresh wave of corporate mergers already primed by lower borrowing costs, surging stock markets, growing confidence and itchy buyout firms. Strategists at Morgan Stanley are predicting a roughly 50% pickup in M&A activity in 2025, doub

27/12 Ark's Cathie Wood calls for tax clarity as she rides 'Trump bump'

U.S. tech investor Cathie Wood is calling on Donald Trump's incoming administration to boost economic growth and policy certainty by backdating promised corporate and personal tax cuts to Jan. 1, 2025, she told Reuters.

20/12 House Democrat says Republicans protecting Elon Musk's Chinese investments

The top Democrat on the House of Representatives Appropriations Committee said on Friday that Republicans in Congress were protecting Elon Musk's Chinese investments by scrapping provisions restricting U.S. investments.

19/12 European car sales fall in November, led by France and Italy, ACEA says

New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday.

18/12 Trump urges US lawmakers to reject spending bill, raising shutdown odds

President-elect Donald TrumpWednesday called on U.S. lawmakers to reject a stopgap bill to keep the government funded past Friday, raising the likelihood of a partial shutdown.

18/12 Breakingviews - Nissan-Honda merger would be far from cure-all

If only M&A solved everything. Japan's Nissan Motor and Honda Motor certainly need help. The country's second- and third-largest automakers are in talks to set up a holding company, Reuters reported on Wednesday, citing a source. That may yet lead to a full merger and possibly include smaller rival Mitsubishi Motors , according to the Nikkei. Cost cuts would bolster margins at the trio, whose comb

17/12 Here's what we know about Trump's planned executive orders so far

U.S. President-elect Donald Trump plans to issue a flurry of executive orders and directives on his first day in office on Jan. 20, to put his stamp on his new presidency on everything from immigration to energy.

17/12 Exclusive: Power failed at SpaceX mission control before September spacewalk by NASA nominee

The spacewalk was carried out by private astronauts including Jared Isaacman, a fellow billionaire and longtime Musk partner who is now nominated by President-elect Trump to be administrator of NASA.

16/12 Exclusive: Trump transition team to roll back Biden EV, emissions policies

Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.

13/12 US Supreme Court to hear dispute over California tailpipe emissions, EV standards

The U.S. Supreme Court agreed on Friday to hear a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a major case testing the Democratic-governed state's power to fight greenhouse gases.

13/12 Exclusive: Yellen warns incoming Trump team against interfering with bank supervision

U.S. Treasury Secretary Janet Yellen on Friday urged the incoming Trump administration to refrain from interfering with what she called critically important appropriate regulation of American banks' capital levels, liquidity and risk-taking.

13/12 Musk has until Monday to respond to SEC Twitter settlement, source says

The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters.

13/12 SEC 'reopens' probe into Neuralink, Musk's lawyer says

The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X.

11/12 VW offers 14% wage hike over four years to Tennessee factory workers

Volkswagen said Wednesday it is offering its newly unionized workers at its Tennessee assembly plant a 14% wage increase over four years and profit sharing.

11/12 Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

11/12 US says review of Nippon-US Steel tie-up ongoing as US Steel shares tumble

A national security review of Nippon Steel's $15 billion bid for U.S. Steel is ongoing and President Joe Biden will see what it yields before making a decision on whether to block it, the White House said on Tuesday, cautioning he still opposes the tie-up.

10/12 GM to stop funding development of Cruise robotaxis

General Motors said on Tuesday it will stop funding development of robotaxis at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.

10/12 Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal

Ferrari Chief Executive Benedetto Vigna said Formula One was in the DNA of the company as earlier on Tuesday it announced it would supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026.

09/12 To Europe's economic malaise, add a leadership void

France and Germany's political crises are a setback for efforts to modernise Europe's struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally.

07/12 Boeing's top lobbyist departing planemaker, CEO says

Boeing's head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday.

06/12 Mexico doing all it can to protect trade agreement with US, Canada, official says

Mexico is doing everything it can to protect a regional trade agreement with the U.S. and Canada, the Latin American nation's deputy economy minister said in an interview published on Friday.

06/12 Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.

05/12 China automakers pivot to hybrids for Europe to counter EV tariffs

Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union's electric vehicle tariff scheme.

05/12 Breakingviews - Japan’s virtuous M&A circle starts with 7-Eleven

The battle for control of Japan’s Seven & i is being cheered in Tokyo as evidence of improving efficiencies of the world’s third-largest economy. Officials can hasten a virtuous circle of dealmaking if they make the right next moves.

05/12 Nissan boss Uchida races to save the automaker - and his job

In early October, Nissan Motor managers dialed in for a regular online meeting with boss Makoto Uchida only to hear a grim message: business was worse than expected and the Japanese car maker had to cut jobs and production.

03/12 Breakingviews - Why Mexico’s global trade sweet spot may turn sour

The last time Donald Trump was in the White House, Mexico’s economy did surprisingly well. The Spanish-speaking country, and global CEOs who have rebuilt their supply chains around it, will be hoping that the U.S. president-elect’s initial hostility once again amounts to nothing. That looks too optimistic.

03/12 Why GM could suffer under Trump policies to ‘save’ Detroit automakers

It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors , America’s leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.

02/12 Breakingviews - Why Mexico’s global trade sweet spot may turn sour

The last time Donald Trump was in the White House, Mexico’s economy did surprisingly well. The Spanish-speaking country, and global CEOs who have rebuilt their supply chains around it, will be hoping that the U.S. president-elect’s initial hostility once again amounts to nothing. That looks too optimistic.

30/11 World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.

30/11 JPMorgan agrees to drop lawsuit against Tesla over stock warrants

U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of "flagrantly" breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank.

29/11 Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says

European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes import tariffs on Europe, Mexico and Canada, S&P Global said in a report on Friday, warning of potential credit downgrades.

29/11 India to expand EV manufacturing incentives after Tesla disappointment, source says

India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said.

28/11 Mexico president touts friendly Trump call, looks to ease tariff tensions

Mexico's President Claudia Sheinbaum said on Thursday she and U.S. President-elect Donald Trump had agreed to maintain a good relationship in a friendly phone call that appeared to ease tensions between the top trading partners amid tariff threats.

28/11 World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.

28/11 China's state media praise some U.S. firms amid fears of a new trade war

China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese newspapers during Donald Trump's first presidency.

27/11 Mexico warns Trump's tariff would kill 400,000 US jobs

Mexico is the United States' top trade partner.

26/11 GM and other US automakers would take big hit from Trump tariffs

U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors , and raise prices of SUVs and pickup trucks for U.S. consumers.

26/11 Mexican president warns Trump tariffs will worsen inflation, kill jobs

Mexican President Claudia Sheinbaum on Tuesday warned U.S. President-elect Donald Trump of dire economic consequences for both countries from tariffs, while urging dialogue following his threat of across-the-board tariffs of 25% on Mexico and Canada.

26/11 How Trump's Mexico tariffs could hurt Europe's auto industry

Donald Trump's pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods, according to data, analysts and experts.

26/11 European automakers fall as Trump pledges tariffs

European automakers shares fell on Tuesday, as traders reacted to President-elect Donald Trump pledging big tariffs on Canada, Mexico and China, news that fueled jitters over a potential global trade war.

26/11 Investors say they know how to trade Trump 2.0

Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the U.S. President-elect took to social media and pledged new tariffs on Mexico, Canada and China.

26/11 Breakingviews - Trump’s tariff gambit doesn’t have to make sense

Economists had expected Donald Trump’s new tariffs would be reined in by common sense, they were wrong. On Monday evening, the U.S. president-elect pledged across-the-board tariffs of 25% on Mexico and Canada, blaming America’s neighbours for failing to halt flows of illicit drugs and undocumented immigrants across their borders. He also promised a fresh 10% tariff on China, a developer of the che

25/11 Tesla racked up greenhouse emissions credits in 2023 as other automakers lagged

Tesla generated nearly 34 million metric tons of greenhouse gas credits in the 2023 model year by selling electric vehicles, as the auto industry racked up significant credit deficits in the face of more stringent emissions standards.

25/11 EU not close to deal with China on EV tariffs, officials say

European Union and Chinese officials are discussing alternatives to European tariffs on Chinese electric vehicles (EV), including minimum prices at which such cars could be sold in Europe, but no solution is imminent, European officials said on Monday.

25/11 Exclusive: Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.

24/11 Explainer: COP29 - How does $300 billion stack up?

Countries agreed at the U.N.'s COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

22/11 Automakers urge Trump to preserve EV tax credits, boost self-driving cars

A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.

22/11 Northvolt goes from Europe battery promise to crisis

Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.

20/11 Musk, Ramaswamy plan to lean on Supreme Court rulings to reduce federal agencies reach

Elon Musk's government efficiency panel said in a Wall Street Journal opinion story on Wednesday that they will apply recent Supreme Court rulings that can be used to take power away from federal agencies to reduce rules the panel finds unnecessary, costly and inefficient.

19/11 Walmart, other US companies raise concerns over proposed Trump tariffs

Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation.

15/11 In Amazon, SpaceX cases, US labor board's power is on the line

A U.S. labor board whose enforcement powers are being challenged in a series of lawsuits is set to defend itself from attacks by Elon Musk's SpaceX and Amazon.com in a conservative U.S. appeals court, as the agency also braces for a potential overhaul under President-elect Donald Trump.

14/11 Exclusive: Trump's transition team aims to kill Biden EV tax credit

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.

14/11 Trump victory could ease regulatory path for Musk’s robotaxi, but hurdles remain

As Tesla’s electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on his vision for self-driving robotaxis, despite the massive technological and regulatory obstacles in delivering them.

14/11 Kia sees near-term market challenges but sticks to 1.6 mln annual EV sales target by 2030

South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but will stick to its target of selling 1.6 million electric vehicles annually by 2030, a senior executive said.

14/11 Tesla recalls 2,400 Cybertrucks, 6th callback for the pickups this year

Tesla said on Wednesday it was recalling 2,400 Cybertruck pickups in the U.S. because a faulty part could lead to a loss of power and increase the risk of a crash, in its sixth callback of Cybertrucks this year.

13/11 How Musk's US government efficiency panel might work

Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Although the president-elect has said little about how this group would operate, Musk has previously set an ambitious goal of cutting $2 trillion of spending.

13/11 Exclusive: China battery giant CATL would build US plant if Trump allows it

CATL , the world's top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle supply chain, the company's founder and chairman, Robin Zeng, told Reuters.

13/11 Global CO2 emissions to hit record high in 2024, report says

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes, scientists said on Wednesday.

12/11 Meta to offer less personalized ads in Europe to appease regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.

12/11 Record-breaking bitcoin rally nears $90,000 on Trump boost

Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly.

11/11 Breakingviews - COP29 will highlight bifurcated energy transitions

“I’m not going to Baku, and very few of my peers are either”. So said a senior figure at an influential European asset manager, in a chat last month with Breakingviews. Throw in the election of climate change sceptic Donald Trump as U.S. president, and the United Nations’ 29th Conference of the Parties climate change summit in Azerbaijan’s capital sounds like a non-event. Yet, while the fight agai

08/11 Moderate Trump loyalist Jay Clayton in talks for roles in administration

Corporate attorney Jay Clayton, former head of the U.S. Securities and Exchange Commission during Donald Trump's presidency, is in talks for several potential roles in a second Trump term, several sources familiar with the matter said.

08/11 Breakingviews - Breakingviews: Europe lacks scope for fiery Trump trade riposte

Europe has few easy ways to tame Donald Trump. The return of a self-styled tariff man in the White House makes the prospect of blanket levies on transatlantic trade a real scenario. The European Union’s vast trade surplus with the United States, and its reliance on it for key goods like gas, limit the scope for a tit-for-tat response.

08/11 After Trump, German political crisis engulfs industry

Months of simmering tensions over spending and industry policy bubbled over.

07/11 Trump 2.0: taxes, tensions, tariffs, turbulence: podcast

In a decisive comeback victory for his third White House run, Donald Trump notched gains across a wide set of voters and issues. In this week’s Viewsroom podcast, Breakingviews columnists debate the chaotic consequences now looming worldwide.

07/11 What Trump's 2024 election win means for Asian companies

Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.

07/11 Automakers brace for new tariffs, EV changes under Trump presidency

Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries and to reverse many existing pro-electric vehicle policies, industry associations and executives said.

06/11 BMW downplays US tariff fears as car stocks hit multi-year lows

Potential import tariffs under the U.S. presidency of Donald Trump may benefit BMW, its CEO said on Wednesday, even as shares in the German premium carmaker and its rivals plummeted due to concerns the sector would be hurt by escalating trade disputes.

06/11 Breakingviews - Breakingviews: Trump re-election entrenches global instability

Donald Trump’s victory over his political opponent Kamala Harris ushers in a perilous new era for the United States and the rest of the world. The former president promised a “golden age for America” after his third election campaign produced his most convincing victory. But any short-term gains for corporations and investors must be set against his authoritarian instincts and willingness to furth

06/11 What would Trump 2.0 mean for trade, migrants, climate change and electric cars?

A Donald Trump presidential election victory would have huge implications for U.S. trade policy, climate change, the war in Ukraine, electric vehicles, Americans' taxes and illegal immigration.

05/11 From Taiwan to trade, China braces for more rivalry as close US presidential race ends

As Americans voted in one of the tightest presidential elections in decades, China braced for an outcome that - regardless of who wins - would spell four more years of bitter superpower rivalry over trade, technology and security issues.

05/11 China's messy EV dispute with Europe keeps trade tensions in check

Fears of a widening tariff war between China and other major exporting nations are keeping diplomacy between the world's second-largest economy and the European Union alive, even as trade talks over electric vehicles stall.

04/11 US agency closes probe into 411,000 Ford vehicles due to loss of power

The National Highway Traffic Safety Administration said on Monday it has closed a probe into 411,000 Ford SUVs and pickup trucks over a potentially defective engine that could lose power without warning.

04/11 Trump's tariffs would reorder trade flows, raise costs, draw retaliation

Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60% tariff on Chinese goods and at least a 10% levy on all other imports.

04/11 China urges palatable EV trade solution from EU as France defends bloc

China has urged France to push the European Commission towards a solution acceptable to both the European and Chinese electric vehicle industries, while France said the bloc would not yield on key matters as it pushes to overturn a tariff on brandy.

04/11 China's Nio plans to sell its first hybrid car overseas only, sources say

Chinese electric vehicle maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets, including the Middle East, North Africa and Europe, according to two people with knowledge of the matter.

30/10 German economy unexpectedly grows, dodging recession; inflation up

Germany's gross domestic product unexpectedly increased in the third quarter, skirting a recession, but inflation rose more than expected in October, interrupting the downward trend in Europe's troubled largest economy.

30/10 Exclusive: China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe.

29/10 What happens as EU concludes investigation of Chinese-made EVs?

The European Union formally approved imposing tariffs on Chinese-made electric vehicles (EVs) on Tuesday after an investigation that has divided the bloc and prompted retaliation from Beijing.

29/10 EU slaps tariffs on Chinese EVs, risking Beijing payback

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.

29/10 Volkswagen's China boss sees EV discounts as 'part of the business'

Volkswagen sees discounts on electric vehicles in China as "part of the business," the German carmaker's China boss Ralf Brandstaetter said in an interview with Handelsblatt on Tuesday.

28/10 Philadelphia prosecutor sues Elon Musk group to stop $1 million lottery for voters

The Philadelphia District Attorney's Office on Monday filed a lawsuit seeking to stop a political action committee controlled by billionaire Elon Musk from awarding $1 million to registered U.S. voters in battleground states ahead of the Nov. 5 election.

28/10 Democratic Senator tries to swim upstream in increasingly Republican Ohio

Democratic U.S. Senator Sherrod Brown has navigated Ohio's increasingly Republican political currents for the past two decades by appealing to the state's blue collar voters, but the Nov. 5 election will test him as never before.

25/10 Trump hates Biden's climate law. His allies are making money from it

At least seven of Trump's close allies are significant beneficiaries of green tax breaks.

23/10 India to retain investment curbs on border nations

India will retain investment curbs on bordering nations, the finance minister said, days after it struck a pact with China on patrols along their disputed Himalayan frontier, with the leaders of both countries expected to meet on Wednesday.

23/10 Germany bets on India to reduce reliance on China

Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany's reliance on Beijing even if India does not turn out to be the "new China".

21/10 Exclusive: Mexico's new government mulls tax incentives to lure foreign companies

Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV), semiconductor, rare earth minerals, battery and electronics sectors, a top Mexican trade official said in an interview.

21/10 Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

Company cars make up around 60% of new car sales in Europe.

11/09 Exclusive: Thailand's EV makers seek to renegotiate govt incentives as sales slow

As sales of electric vehicles miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.

11/09 India's bid to match China's factory heft gets a reality check

India's push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to warm up to its long-time rival.

10/09 California passes requirements on carmakers and domestic violence

Lawmakers in the most populous U.S. state approved a proposal that requires automakers selling internet-connected cars to do more to protect domestic abuse survivors, in what appears to be the first measure in the nation addressing the issue to pass a legislature.

10/09 China proposes negotiations with EU to resolve electric vehicle tariff dispute

China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.

10/09 EU to trim proposed tariffs on Tesla, other EVs from China

The European Union will lower proposed final tariffs on Tesla and slightly trim rates for other electric vehicles from China after taking into account submissions by the companies, a source familiar with the matter said on Tuesday.

10/09 China auto suppliers and EV makers flood major trade fair in Germany

Nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at a trade fair in Frankfurt as the country's car sector defies looming trading barriers to expand its global footprint and counter eroding profitability at home.

09/09 Draghi urges reform, massive investment to revive lagging EU economy

The European Union needs far more coordinated industrial policy, more rapid decisions and massive investment if it wants to keep pace economically with rivals the United States and China, Mario Draghi said on Monday in a long awaited report.

09/09 Spanish autos, pork in Beijing's sights with PM Sanchez in China

Spanish Prime Minister Pedro Sanchez is expected to meet Chinese President Xi Jinping on Monday, with the EU and China on the verge of a trade war and Beijing preparing to hit back at Spanish automobiles and pork if Brussels imposes tariffs on its EVs.

07/09 Chrysler parent Stellantis recalls 1.46 million vehicles worldwide

Chrysler parent Stellantis said Saturday it is recalling 1.46 million vehicles worldwide due to a software malfunction in the anti-lock brake system that can increase the risk of a crash.

06/09 Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs

A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products from a Chinese company that may have evaded U.S. tariffs, according to letters seen by Reuters on Friday.

06/09 Trump plan for Musk-led efficiency commission could give CEO influence over rules for his work, wealth  

Billionaire Elon Musk will head a government efficiency commission with a vast remit if Donald Trump is elected U.S. president, potentially putting him in position to change the rules for corporate America, including the wide swath of industries in which his companies compete.

06/09 China, price cuts and costs: the fuel driving Volkswagen's crisis

While many of Volkswagen's challenges have plagued it for a while, two recent developments have made things worse.

06/09 Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says

Up to 50% of all vehicles bought in Pakistan by 2030 will be electrified in some form in line with global targets, BYD Pakistan, a partnership between China's BYD and Pakistani car group Mega Motors, said.

06/09 How would Trump seek to dismantle Biden’s climate legacy?

Presidential hopeful Donald Trump has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s centerpiece efforts to fight climate change.

06/09 Breakingviews - China’s global battery ram will be hard to stop

China’s electric cars have zoomed into a new era of battery-powered driving. Now models such as BYD’s Seal and Great Wall Motor’s Funky Cat face an international backlash. The U.S. is quadrupling duties on imports of electric vehicles from the People’s Republic to more than 100%, while the European Union is lifting total tariffs close to 50% for some marques. The Chinese-made batteries that power

04/09 Souring mood in German auto sector sets gloomy tone for VW labour talks

Business sentiment in the German automotive industry slid deeper into negative territory in August, according to a survey, providing a gloomy backdrop to labour talks due to start on Wednesday at Volkswagen over its ambitious cost-cutting drive.

03/09 Exclusive: Volkswagen's CUPRA 'at risk' from planned EU tariffs, says brand CEO

An electric vehicle made in China by Volkswagen's CUPRA brand would be "wiped out" if the European Commission followed through with planned import tariffs of 21.3% on the vehicle, the brand's CEO told Reuters.

03/09 China to start anti-dumping probe into canola imports from Canada

China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, sending prices of domestic rapeseed oil futures to a one-month peak.

31/08 California issues draft regulations for operating autonomous trucks

The California Department of Motor Vehicles on Friday issued draft regulations on the operation of autonomous vehicles on highways, paving the way for self-driving trucks to commence long-haul deliveries.

29/08 EU new car sales flat in July as battery-electric slumps, industry body ACEA says

New car sales in the European Union rose 0.2% in July, slowed by declines in France and Germany, while battery-electric vehicles continued to lose market share, data from Europe's auto industry body showed on Thursday.

29/08 Exclusive: Tesla asked Canada for lower tariff on China-made EVs, government source says

Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a Canadian government source said on Wednesday.

27/08 US awards $521 million in grants to boost EV charging network

The Biden administration said Tuesday it is awarding $521 million in grants to build out electric vehicle charging and deploying more than 9,200 EV charging ports.

27/08 Tesla can challenge Louisiana direct sales ban, US appeals court rules

A divided federal appeals court on Monday revived a lawsuit in which Tesla , the electric car company run by billionaire Elon Musk, challenged Louisiana's ban on direct vehicle sales to consumers.

26/08 Canada, following US lead, to impose 100% tariff on Chinese EVs

Canada, following the lead of the United States, on Monday said it would impose a 100% tariff on the import of Chinese electric vehicles and also announced a 25% tariff on imported steel and aluminum from China.

26/08 US industry seeks easing of steep Biden-Harris China tariff hikes

The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the planned duties would be softened.

22/08 US transport safety board opens investigation into Tesla crash in California

The U.S. National Transportation Safety Board has opened an investigation into a crash and fire involving a Tesla electric semi-truck on a California highway, the agency said late Wednesday.

21/08 China opens anti-subsidy probe into European dairy imports

China has opened an anti-subsidy investigation into imported dairy products from the European Union, a step that appears mainly aimed at Ireland and in response to the bloc's curbs on its electric vehicle exports.