In 2016, Daimler moved fast to re-establish ties with Iran, signing preliminary agreements with Iran Khodro Co., the nation’s biggest auto producer, to sell and produce trucks.
Alcoa filed five requests with three being for aluminum that it said was unavailable from U.S. producers, and two for metal that can’t be made in sufficient quantity domestically.
Despite the fact that traffic delays due to congestion and roads in disrepair are on the rise, manufacturing executives maintain a very limited understanding of the importance of infrastructure to their bottom line.
China is proposing a 25% tariff on imports of U.S. liquefied natural gas, a major blow to an emerging American business.
The data follow a factory survey earlier this week showing manufacturing growth cooled in July and executives were concerned about the impact of the trade war.
The automaker said tariffs would harm the company’s ability to compete in the U.S. luxury sport utility vehicle market.
“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.