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The head of Lucid Group warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the U.S.

President Donald Trump on July 14 threatened Russia with steep tariffs and announced a rejuvenated pipeline for American weapons to reach Ukraine.

Waymo has begun testing its driverless rideshare service in New York City, but rides are not available to the general public. 

Daimler Truck North America will lay off around 2,000 employees at five sites as the weak and uncertain freight market continues to take a toll on truck manufacturers.

Economists have long been warning of a tariff-driven boost to U.S. inflation. The next report on consumer prices will put their conviction to the test.

EU trade ministers agreed July 14 that U.S. President Donald Trump's announcement of 30% tariffs on the European Union was “absolutely unacceptable," and they are studying a new set of countermeasures to respond to the move.

The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect July 14 in hopes of reaching a trade deal with the Trump administration by the end of the month.

President Donald Trump said he’s levying tariffs of 30% against the EU and Mexico starting Aug. 1, a move that could cause massive upheaval between the U.S. and two of its biggest trade partners.

People familiar with the negotiations cautioned that any potential deal could be upended by President Trump, who has yet to comment publicly on the arrangements under discussion.

India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement.