White House says March 1 is hard deadline for China trade deal
WASHINGTON (Reuters) – President Donald Trump sees March 1 as a hard deadline to reach a trade deal with China, the White House said on Thursday, saying U.S. tariffs on…
Global auto leaders urge Trump administration to end trade turmoil
DETROIT (Reuters) – Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty is…
VW embarks on $50 billion electrification plan
WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief…
Canada’s Barrick Gold to buy Randgold Resources in $18.3 billion deal
LONDON (Reuters) – Randgold Resources Ltd (RRS.L) said on Monday it agreed to the terms of a recommended share-for-share merger with Canada’s Barrick Gold Corp (ABX.TO) in a deal worth…
U.S. says China’s steel wheels subsidized, will impose duties on imports
WASHINGTON (Reuters) – The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from…
Trade tensions may power down China’s robot industry
BEIJING (Reuters) – At a trade show in southern Beijing, children and parents crowd around a group of pink and blue dancing robots that resemble toddler-sized Power Rangers. The robots…
Trump backs boycott of Harley Davidson in steel tariff dispute
WASHINGTON (Reuters) – President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday, the latest salvo in a dispute between the company and Trump over tariffs…
GM squeezes pounds and pennies to attack Ford’s pickup profit machine
FORT WAYNE, Ind. (Reuters) – When General Motors Co (GM.N) engineers were developing the 2019 Chevrolet Silverado and GMC Sierra pickup trucks, some of them joined public tours of Ford…
China to slap additional tariffs on $16 billion of U.S. goods
BEIJING/WASHINGTON (Reuters) – China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese…
Glencore gets U.S. subpoena on compliance with money-laundering laws
LONDON (Reuters) – U.S. authorities have demanded the U.S. arm of Glencore Plc (GLEN.L) hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela,…