In addition to imports from Chinese companies such as Geely, U.S. companies, including GM which has started importing models produced in China, might put on hold any further import plans, due to the proposed 25% duty.
The unions’ announcement of their push for corporate disclosure comes four weeks after Teamsters members at a Toyota Motor Corp. parts distribution center in Torrance, Calif. voted to authorize a strike, rejecting a contract offer they said was...
The U.S. list of planned charges on more than 1,300 product categories focused on China’s industrial machinery and technology exports.
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General Motors was up an unusually high 16%, followed by Fiat Chrysler's 14% sales jump. Ford rose 3.4% and Toyota gained 3.5%.
The Alliance of Automobile Manufacturers supports the decision saying that "vehicles need to remain affordable for consumers to replace older, less-efficient cars with newer ones."
The reason the price index went up this month was primarily because of the tariffs,” said Timothy Fiore, chairman of ISM.
China said Sunday the metals tariffs imposed by the U.S. “caused serious damage” to its interests.