Latest news and analysis on tariff developments and import taxes.
America’s trade deficit with the rest of the world grew in July to the highest level seen in more than a year, prompting an outraged response from the Commander in Chief.
The company also plans to reduce its model portfolio by 50% by 2035, with the North American market shifting towards higher-margin vehicles.
Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in August
The four-day summit of the G20 finance ministers in Asheville, N.C. closed on a tense note due to China’s repudiation of assertions that its export strategy deluges other markets in low-value goods.
