Trade

Tesla CEO Elon Musk said on the company's earnings call that its planned Gigafactory Mexico is on pause pending the U.S. election due to former President Trump's tariff pledge.

Nippon Steel announced that it hired former Secretary of State Mike Pompeo to advise the firm on its planned acquisition of U.S. Steel, which faces political and regulatory scrutiny.

Republican vice presidential nominee JD Vance slammed President Biden for his support of NAFTA and China receiving most favored nation status prior to it joining the WTO.

A federal judge in Louisiana granted a motion by energy-producing states to pause the Biden administration's ban on new LNG export projects due to its impact on those states' economies.

Tesla CEO Elon Musk on Thursday said that the Biden administration's tariffs on Chinese electric vehicles were not necessary in order for his company to remain competitive.

President Joe Biden announced higher tariffs on imports from China that cover products like EVs, solar panels, steel and aluminum, which will carry a price tag of roughly $18 billion.

After the U.S. restricted trade for 37 Chinese firms, some over security concerns, a spokesperson for China's foreign ministry accused the U.S. of abusing export control tools.

The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.

Swiss Army Knife manufacturer Victorinox is planning new models of tools that will be bladeless to give the company access to markets where carrying a knife is restricted.

The FTC and the Justice Department said Friday that Williams-Sonoma Inc. has agreed to a settlement, which includes a $3.175 million civil penalty.

India's electric vehicle market remains underdeveloped, with EV's making up around 2% of car sales in the country, which ranks as the third-biggest automobile market.

Biden called on the United States Trade Representative to triple the tariff rate on Chinese steel and aluminum imports and to investigate China’s unfair shipbuilding practices.

Economists debate the pros and cons of former President Trump's proposed 60% tariff on all Chinese imports, which could raise prices on American business and consumers.

The Biden administration is reportedly considering requiring products made in the West Bank by Israeli settlers to say those goods were made in the West Bank instead of Israel.

Treasury Secretary Yellen met with Chinese Premier Li Qiang on Sunday during her trip to China and raised concerns about China's overproduction of EVs and green tech.

Taiwan was struck by its biggest earthquake in 25 years this week and the country's semiconductor industry may face some disruptions as it restores operations.

American manufacturing businesses will need about 3.8 million new workers between 2024 and 2033 but up to half of those roles may go unfilled, according to a new study.

Vessels trapped in the Port of Baltimore have begun to navigate a temporary channel cleared by the Coast Guard and state of Maryland after the Key Bridge collapsed last week.

Maryland Gov. Wes Moore on Sunday warned that industries ranging from farming to auto sales across the country would be hurt by the bridge collapse.

The Port of Baltimore's temporary closure following the collapse of the Francis Scott Key Bridge could impact U.S. exports of coal, given its role as the second-largest coal export hub.