“More realistic standards will promote a healthy economy by bringing newer, safer, cleaner and more fuel-efficient vehicles to U.S. road,” said Secretary Elaine L. Chao.
“For years the nation has reaped the benefits of these world-leading standards. Weakening these standards hits the brakes on American innovation and endangers jobs,” BlueGreen Alliance Executive Director Kim Glas said.
The central bank left interest rates unchanged Wednesday following the conclusion of a two-day meeting in Washington.
The summer is usually a time for manufacturers to roll out deals, but interest rates are peaking right now so it's more expensive to offer these deals.
Germany is joining the U.S. and Canada in taking a tougher line on Chinese acquisitions.