GM and other US automakers would take big hit from Trump tariffs

GM, Stellantis and Ford declined to comment on Trump’s proposed tariffs. U.S. President-elect Donald Trump‘s plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors, and raise prices of SUVs and pickup trucks for U.S. consumers. GM leads the automakers that… Continue reading GM and other US automakers would take big hit from Trump tariffs

Trump tariffs would harm all involved, US trade partners say

The tariffs could also prompt an early renegotiation of the USMCA, ahead of the planned 2026 review, trade experts said. Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump‘s threat of hefty tariffs on goods would harm the economies of all involved, cause inflation to spike and damage… Continue reading Trump tariffs would harm all involved, US trade partners say

Confirmed: Government set to rework EV mandate

Changes are set to be made to the UK’s zero-emission vehicle (ZEV) mandate, the government has confirmed, following a backlash from car makers over the rules. The decision was announced this evening by business secretary Jonathan Reynolds, who said he was “concerned” by how the current “inherited” laws “are working at the moment”. The government will… Continue reading Confirmed: Government set to rework EV mandate

How President-elect Donald Trump’s policies may affect investors in these 8 market sectors

President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs… Continue reading How President-elect Donald Trump’s policies may affect investors in these 8 market sectors

Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs… Continue reading Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada

German FAZ: How the labor market is suffering from the industrial crisis008233

Germany’s industry is in crisis: after the car manufacturers VW, Ford and Tesla and the car supplier Bosch, the country’s largest steel company now also wants to cut jobs. The industrial group Thyssenkrupp announced on Monday that it plans to cut 11,000 jobs in its steel division and close the Kreuztal-Eichen site near Siegen. The… Continue reading German FAZ: How the labor market is suffering from the industrial crisis008233

German FAZ: How the labor market is suffering from the industrial crisis008231

Germany’s industry is in crisis: after the car manufacturers VW, Ford and Tesla and the car supplier Bosch, the country’s largest steel company now also wants to cut jobs. The industrial group Thyssenkrupp announced on Monday that it plans to cut 11,000 jobs in its steel division and close the Kreuztal-Eichen site near Siegen. The… Continue reading German FAZ: How the labor market is suffering from the industrial crisis008231

“Kurt Vonnegut: Reporter on the Afterlife” Releases New Fiction Podcast Episode, “Election Special” featuring the character of Shirley Chisholm, voiced by DANIELLE DAVENPORT and General Curtis LeMay, voiced by comedian LEWIS BLACK

November 30th “Shirley Chisholm Day” New York City Council Declaration commemorates the first ever black woman elected to Congress, and the first woman to pursue a Presidential nomination NEW YORK, Nov. 26, 2024 /PRNewswire/ — Fountainhead Transmedia releases the fourth installment of the fiction podcast adventure series “Kurt Vonnegut: Reporter on the Afterlife”. This episode “Election… Continue reading “Kurt Vonnegut: Reporter on the Afterlife” Releases New Fiction Podcast Episode, “Election Special” featuring the character of Shirley Chisholm, voiced by DANIELLE DAVENPORT and General Curtis LeMay, voiced by comedian LEWIS BLACK