Tag: Trade

No New Auto Tariffs For Japan, Probably

<img data-attachment-id="1691634" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392.jpg" data-orig-size="1000,668" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="Japanese auto exports" data-image-description=" CAPTAINHOOK/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-450×301.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-610×407.jpg” class=”aligncenter size-large wp-image-1691634″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-450×301.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-768×513.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/shutterstock_1498776392.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> The United States and Japan have signed a limited trade deal that’s been simmering for some months […]

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Car Talk: GM’s Barra to Sit Down With Trump Thursday

<img data-attachment-id="809778" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze.jpg" data-orig-size="2048,1360" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Mary Barra with Chevrolet Cruze" data-image-description=" Image: GM ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-450×299.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-610×405.jpg” class=”aligncenter size-large wp-image-809778″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-610×405.jpg” alt=”Mary Barra with Chevrolet Cruze, Image: GM” width=”610″ height=”405″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-610×405.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-450×299.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2014/04/Mary-Barra-Chevrolet-Cruze-120×80.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> General Motors CEO will meet with U.S. President Donald Trump and White House […]

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At Least for Cars, Preliminary U.S.-Japan Trade Deal Keeps the Status Quo

There’s good news if you’re a U.S. farmer, however. A preliminary deal reached between the two countries this week would keep existing auto tariffs in place, though President Donald Trump claims there’s still the possibility of a hike. It was the threat of import tariffs that brought Japan to the table following the U.S.’s 2017 […]

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Trump Preiviews His Response to the Next Recession

There is often little use in psychoanalyzing Donald Trump: His behavior is so erratic, his thinking so shallow that any definitive assertion about his character or temperament is disproven within minutes. Moreover, given that the president is angry more or less all the time, it’s particularly difficult to isolate moments when he is especially angry, […]

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Trump Previews His Response to the Next Recession

There is often little use in psychoanalyzing Donald Trump: His behavior is so erratic, his thinking so shallow that any definitive assertion about his character or temperament is disproven within minutes. Moreover, given that the president is angry more or less all the time, it’s particularly difficult to isolate moments when he is especially angry, […]

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Japan Eyeballs Minor Trade Deal With U.S. Slated for September

<img data-attachment-id="1681824" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="japanese auto exports 2016" data-image-description=" Sakarin Sawasdinaka/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-610×407.jpg” class=”aligncenter size-large wp-image-1681824″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_265612967.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> The United States and Japan are working on a trade deal revolving around agriculture and […]

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Did the Mexican People Really Win?

On July 1, 2018, the night of the election of president Andres Manuel López Obrador, I joined several friends to make our way to Mexico City’s Zócalo—the central square of this sprawling metropolis—where López Obrador would give his acceptance speech. Triumphant AMLO supporters flooded the streets. Firecrackers and car horns punctuated the celebratory hubbub. Confetti […]

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Can’t Get No Tariff Relief: Tesla, GM, Nissan, FCA, Uber Appeals Denied

Large U.S. companies hoping to side-step the 25 percent tariff on Chinese goods by appealing to the government aren’t having much luck. Since July, the U.S. has imposed the tariff on billions of dollars worth of goods from the People’s Republic, leading to financial fallout for automakers heavily invested in the region. And it seems […]

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Corruption Is the Tie that Binds for Trump-Era Republicans

A strange thing has happened over the past month or so: Senate Republicans have begun to stand up to President Trump. Haltingly, tentatively, perhaps, but on things that matter, a bit of spine has been sighted. What matters? Well, they’ve objected to the controversial appointments of Herman Cain and Stephen Moore to seats on the […]

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It’s Monday, and Mexican Tariffs Are Back On the Table

<img data-attachment-id="1668584" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-e1554409497278.jpg" data-orig-size="2800,1886" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="mexico us border" data-image-description=" Chess Ocampo/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-450×303.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-610×411.jpg” class=”aligncenter size-large wp-image-1668584″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-610×411.jpg” alt width=”610″ height=”411″> After the United States and Mexico signed an agreement to stem the flow of illegal migrants from Central America across their shared border, President Donald Trump’s latest tariff proposal was taken off […]

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As Mexico Beefs Up Its Border, Tariffs Still Lurk on Monday

<img data-attachment-id="1629838" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009.jpg" data-orig-size="1280,851" data-comments-opened="1" data-image-meta="{"aperture":"9","credit":"","camera":"Canon EOS 5DS","caption":"2019 Chevrolet Blazer features a distinctive lighting execution on all models that separates the headlamps and LED daytime running lamps.","created_timestamp":"1524077810","copyright":"","focal_length":"91","iso":"200","shutter_speed":"0.2","title":"2019 Chevrolet Blazer features a distinctive lighting execution","orientation":"1"}" data-image-title="2019 Chevrolet Blazer features a distinctive lighting execution" data-image-description=" Image: GM ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009-450×299.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009-610×406.jpg” class=”aligncenter wp-image-1629838 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009-610×406.jpg” alt width=”610″ […]

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General Motors Says Not To Worry, It’ll Make Money With Electric Cars

<img data-attachment-id="1589028" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/09/2018-Chevrolet-Bolt-e1541963919110.jpeg" data-orig-size="610,407" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="2018 Chevrolet Bolt" data-image-description=" Image: Chevrolet ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/09/2018-Chevrolet-Bolt-450×300.jpeg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/09/2018-Chevrolet-Bolt-610×407.jpeg” class=”aligncenter size-large wp-image-1589028″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/09/2018-Chevrolet-Bolt-610×407.jpeg” alt=”2018 Chevrolet Bolt – Image: Chevrolet” width=”610″ height=”407″> There are a number of things holding up the electric revolution, but one of the biggest obstacles is the high sticker price of battery-powered vehicles compared to […]

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U.S. to GM: Sorry, Pay Your Buick Envision Tax

Pity the poor Buick Envision. As one of the few Chinese-built vehicles sold in America, it earned an unpatriotic stigma upon its arrival. There’s no word on how many UAW workers own one. Meanwhile, the compact crossover launched partway through the 2016 model year with only high-end trims in tow, saddling it with a steep […]

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Tariffs Are a Bad Response to an Imaginary Border Crisis

Donald Trump won the presidency–despite losing the popular vote by 2.8 million—with a campaign that careened wildly from one distraction to another. He has clung to this as a Twitter and governing strategy ever since. As there are 190 countries in the world, and the United States trades with most of them, trade wars so […]

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Automakers, Already Taking a Hit From Trump’s Mexican Tariff Threat, Worry the Pain Has Only Just Begun

<img data-attachment-id="1608002" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-e1515765455700.jpg" data-orig-size="1184,789" data-comments-opened="1" data-image-meta="{"aperture":"2.8","credit":"BersoGomez","camera":"Canon EOS 60D","caption":"","created_timestamp":"1473354325","copyright":"","focal_length":"11","iso":"100","shutter_speed":"0.0005","title":"","orientation":"1"}" data-image-title="Ram Heavy Duty Saltillo Mexico assembly" data-image-description=" Ram Heavy Duty Saltillo Mexico assembly ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-610×407.jpg” class=”aligncenter wp-image-1608002 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-610×407.jpg” alt=”Ram Heavy Duty Saltillo Mexico assembly, Image: FCA” width=”610″ height=”407″> The profit-focused appeal of building vehicles in low-cost jurisdictions propelled many automakers to boost manufacturing capacity […]

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Trump Promises Tariffs on All Mexican Goods Starting June 10th

<img data-attachment-id="1608000" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-e1515765170157.jpg" data-orig-size="1752,1168" data-comments-opened="1" data-image-meta="{"aperture":"3.5","credit":"","camera":"Canon EOS REBEL T1i","caption":"","created_timestamp":"1437481341","copyright":"","focal_length":"18","iso":"125","shutter_speed":"0.025","title":"","orientation":"1"}" data-image-title="Ram HD production Saltillo assembly" data-image-description=" Ram HD production Saltillo assembly ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-610×407.jpg” class=”aligncenter wp-image-1608000 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-610×407.jpg” alt=”Ram HD production Saltillo assembly, Image: FCA” width=”610″ height=”407″> Just when it seemed the trade climate in the North American region was easing, President Donald Trump launched […]

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Trade War Watch: Automotive Tariffs and the European Union

<img data-attachment-id="1634366" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125.jpg" data-orig-size="891,510" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Trump Juncker EU Trade Kiss" data-image-description=" Image: The White House ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-450×258.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-610×349.jpg” class=”aligncenter size-large wp-image-1634366″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-610×349.jpg” alt width=”610″ height=”349″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-610×349.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-75×43.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-450×258.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-768×440.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125-120×69.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/Trump-Kiss-e1532632832125.jpg 891w” sizes=”(max-width: 610px) 100vw, 610px”> It’s been nearly a year since President Donald Trump and European Commission President […]

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Trump’s glib approach to Huawei invites nasty unintended consequences

The U.S. government has spent the last year and a half making the case that Huawei is an international security threat — a telecommunications hardware company that could help China’s government surveil communications and seize control of 5G-networked assets. But President Donald Trump suggested yesterday that this “very dangerous” company may not be such a […]

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Thumbs Down: China’s GAC Motor Throws U.S. Push Onto the Back Burner

<img data-attachment-id="1675010" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019.jpg" data-orig-size="800,533" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="GAC GA6 debut 2019" data-image-description=" GAC Motor ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-610×406.jpg” class=”aligncenter size-large wp-image-1675010″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-610×406.jpg” alt width=”610″ height=”406″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-610×406.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GAC-GA6-debut-2019.jpg 800w” sizes=”(max-width: 610px) 100vw, 610px”> Guangzhou Automobile Group, better known as GAC Motor, has delayed plans to commence sales of Chinese-branded […]

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