The latest agreement and two others will allow GM to get the majority of rare-earth magnets it sources directly from domestic suppliers.
August 6, 2025Search
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Trump to Boost Import Taxes on India to 50%
An additional 25% tariff was tacked on India for its purchases of Russian oil.
August 6, 2025Trump Says Japan to Import Ford’s Large F-150 Pickup Trucks
Confusion hangs over various details of a trade deal struck between the U.S. and Japan, sparking concern in Japan over its enforcement, particularly regarding cars.
August 6, 2025USMCA Ensures No Tariffs on Most Canadian and Mexican Goods
President Donald Trump raised the tariffs on Canadian goods to 35% last week, but a key exemption for Canada and Mexico shields the vast majority of goods from the punishing duties.
August 6, 2025Rivian Deepens Loss Forecast as Fuel Credit Market Shrinks
The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.
August 6, 2025Carney Considers Select Rollback of Canada Counter-Tariffs
Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.
August 6, 2025Canada Plans Grants to Offset Soaring US Lumber Duties
Prime Minister Mark Carney said Aug. 5 the guarantees will ensure forestry companies of all sizes can maintain and restructure their operations.
August 5, 2025Federal Proposal Would Ease Out-of-Sight Drone Restrictions
The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.
August 5, 2025Diesel Price Nudges Down a Half-Cent to $3.80 a Gallon
Past two price drops have totaled just 1.2 cents a gallon, according to U.S. Energy Information Administration data released Aug. 5.
August 5, 2025Switzerland’s President Rushes to Washington to Avert Tariffs
Trump last week announced that exports of Swiss goods to the U.S. will face a 39% tariff starting Aug. 7.
August 5, 2025