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Mercedes details plans for US production investments in Alabama
Mercedes-Benz plans to begin producing a new vehicle at its Tuscaloosa, Alabama, plant in 2027, the company said Thursday, the latest in a series of…
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Ukraine, US sign minerals deal sought by Trump
Ukraine and the U.S. on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to…
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US Senate to vote on bill to rein in Trump tariffs as economy contracts
The U.S. Senate was poised on Wednesday to vote on a resolution to block a host of President Donald Trump's tariffs, hours after the federal…
American Kitchen Cabinet Alliance submits comments urging strong action in Section 232 investigation to save 250,000 American jobs
As part of the U.S. Department of Commerce’s Section 232 investigation, the American Kitchen Cabinet Alliance (AKCA) recently submitted formal comments to the U.S. Department…
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US economy contracts as tariffs unleash flood of imports
The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to…
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Trump eases auto tariffs burden
President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief…
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Shein weighs US restructuring as tariff risks cloud London IPO, FT reports
Fast fashion retailer Shein is weighing a restructuring of its U.S. operations as U.S. President Donald Trump's tariffs on Chinese imports threaten to jeopardize its…
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Q1 US GDP shrinks amid import surge to front-run tariffs
The U.S. economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the…
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Valeo says 90% of its Mexican products shipped to U.S. now USMCA compliant
French car parts supplier Valeo said 90% of the products produced by the group in Mexico and imported into the U.S. are now compliant with…
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White House denounces Amazon for plan to disclose cost of US tariffs
The White House on Tuesday denounced Amazon's reported plans to disclose the cost that U.S. tariffs imposed by President Donald Trump were adding to its…