Global markets reacted positively to conciliatory moves from China on Tuesday, after President Xi Jinping promised to cut automotive tariffs this year. China’s leader also promised to improve intellectual property protection and raise foreign ownership limits within the auto sector “as soon as possible.” Asian shares closed higher, while US stock futures and the dollar… Continue reading Global markets rise as China’s President Xi vows to cut auto tariffs
Tag: Possible_Terrorism_Warfare
China’s President Xi Jinping offers U.S. possible trade concessions
Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions
GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says
Autoplay Show Thumbnails Show Captions Last SlideNext Slide The 2017 Chevrolet Sonic. (Photo: General Motors) General Motors is reportedly planning to kill the Chevrolet Sonic while Ford Motor plans to ditch the Fiesta in the U.S., spelling the death of two subcompact cars. The Wall Street Journal, which reported the plans Wednesday, also said that… Continue reading GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says
Automakers urge calm as China threatens new tariffs
New cars lined up at a parking lot in Shenyang, northeast China’s Liaoning province. China is the world’s largest automobile market with more than 25 million vehicles sold last year, compared with 17.23 million in the United States. (Photo: STR / AFP/Getty Images) Washington — Automakers are urging caution as a potential trade war heated… Continue reading Automakers urge calm as China threatens new tariffs
WRAPUP 8-China strikes back with duties on U.S. soybeans, planes; markets drop
BEIJING/WASHINGTON (Reuters) – China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower. Beijing responded after U.S. President Donald Trump’s administration… Continue reading WRAPUP 8-China strikes back with duties on U.S. soybeans, planes; markets drop
China plans 25% tariffs on US goods including cars
Beijing is to place 25% trade tariffs on a list of 106 US goods, including soybeans, cars, and orange juice. The retaliatory action comes after the US published a list of about 1,300 Chinese products it plans to hit with a 25% tariff. The White House said the proposed imports tariff was a response to… Continue reading China plans 25% tariffs on US goods including cars
GM partner's self-driving car gets a ticket from San Francisco cop
CLOSE Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. Ford Cruise Automation self-driving test vehicle navigates the urban streets of San Francisco, CA. (Photo: Karl Nielsen for Cruise Automation) It sounds like the setup for a joke: A self-driving car got a ticket last week in San Francisco, KPIX-TV… Continue reading GM partner's self-driving car gets a ticket from San Francisco cop
EPA announces easing of car and truck emissions standards
US Environmental Protection Agency Agency says Barack Obama’s timeline set standards ‘too high’ in move that could lead to legal showdown with California Current EPA regulations require vehicles to get 36 miles per gallon by 2025 – 10 miles per gallon over the existing standard. Photograph: Bloomberg/Bloomberg via Getty Images US environmental regulators announced on… Continue reading EPA announces easing of car and truck emissions standards
Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo has been negotiating a partnership with Honda since late 2016, when the company was still housed within Google. But now those talks are nearing completion, according to Bloomberg. And rather than moving people, as was the focus of Waymo’s deals with Fiat Chrysler and Jaguar Land Rover, the partnership with Honda will focus on… Continue reading Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo Isn’t Slowing Down: Pact With Honda Could Include Delivery
Waymo, the self-driving car company started by Google, did nothing after an autonomous vehicle run by Uber killed a pedestrian in Tempe, Arizona. It didn’t pull back on tests in the nearby suburb of Chandler, where passengers are already taking rides with no one behind the wheel. Its fleets elsewhere didn’t abandon public streets, a precautionary move made by Toyota. John Krafcik,… Continue reading Waymo Isn’t Slowing Down: Pact With Honda Could Include Delivery