Trade
Trump considering exemption for automakers on some tariffs, White House says
People work on the production line of auto parts at a carmaker in Qingdao in east China’s Shandong province Saturday, March 1, 2025. Yu Fangping | Feature China | Future Publishing | Getty Images President Donald Trump is considering exemptions for automakers from some tariffs announced by his administration, the White House confirmed Wednesday to […]
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Southwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’
LAS VEGAS, NEVADA – MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images) Kevin Carter | Getty Images News | Getty Images Southwest Airlines said Wednesday that it will reduce its capacity in […]
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Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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Trump wants automakers to move vehicle production to the U.S. It’s not that simple
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more […]
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Treasury Sec. Bessent says China, U.S. have ‘opportunity for a big deal’ on trade
US Treasury Secretary Scott Bessent speaks during the Institute of International Finance (IIF) Global Outlook Forum in Washington, DC on April 23, 2025. Jim Watson | Afp | Getty Images Treasury Secretary Scott Bessent on Wednesday said that “there is an opportunity for a big deal here” on trade issues between the United States and […]
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European Central Bank should only cut interest rates once more this year, IMF Europe head says
This photo taken on Jan. 30, 2025 shows the European Central Bank ECB headquarters in Frankfurt, Germany. Zhang Fan/Xinhua via Getty Images The European Central Bank should only enact one more quarter percentage point interest rate cut this year despite wider risks to economic growth, the International Monetary Fund’s Europe chief said Wednesday. “We have […]
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Watch live: Treasury Sec. Bessent outlines plan to restore ‘equilibrium’ to world financial system
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D.C., on Wednesday. After his speech, Bessent is set to sit for a […]
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Boeing CEO says China has stopped taking its aircraft amid trade war
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods. Bloomberg | Bloomberg | Getty Images Boeing could hand over some of its aircraft that were destined […]
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Boeing reports results before the bell. Here’s what to expect
A Boeing 737 aircraft fuselage is pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing is set to report results before the market opens on Wednesday, when Wall Street expects to see some improvements despite a trade war and other supply chain problems. […]
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Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk
A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Tesla CEO Elon Musk says China’s new trade restrictions on […]
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