°®¶¹´«Ã½

Mexican President Claudia Sheinbaum defended her push to slap new tariffs on Chinese imports, insisting she doesn't seek conflict with China but wants to protect domestic industry.

Customs duties hit $30 billion last month, marking a 296% surge over August last year, the Treasury Department reported. At the same time, the monthly budget deficit came in at $345 billion.

Advancing a program that stretches back more than 20 years, the Federal Motor Carrier Safety Administration has announced plans for a sweeping study of fatal heavy truck crashes.

The Lawsuit Abuse Reduction Act is designed to mitigate the impact of lawsuits deemed frivolous as well as shield employers from defending against inordinate claims.

Hyundai CEO José Muñoz said in an interview Sept. 11 that the work was being set back by two to three months.

OPEC and its partners will need to provide an average of 43.45 million barrels a day in the second half of this year, considerably more than the 42.4 million they pumped in August.

The reading is the last data the Federal Reserve will receive before its key meeting next week, when policymakers are widely expected to cut their short-term rate to about 4.1% from 4.3%.

Biofuel company shares dipped on fears that Trump administration policies may fall short of offsetting exemptions from mandates requiring refineries to blend renewable fuels into gas and diesel.

The Water Resources Development Act is credited with playing a vital economic role in guaranteeing efficiency along supply chains.

Mexico is looking to apply tariffs of as much as 50% on cars and auto parts, as well as steel and textiles from China and other countries with which it does not have a trade agreement.