The United States and Japan are reportedly on the brink of a deal to reduce tariffs on Japanese car imports. The agreement is expected to be formalized within two weeks of a U.S. presidential executive order.
Tesla's FSD technology faces public distrust and questions about liability. Consumers prefer Waymo's LiDAR and cameras over Tesla's cameras-only model.
Shares of automotive manufacturer General Motors (NYSE:GM)
fell 3% in the morning session after continued negative momentum as the U.S. government announced a major expansion of import tariffs to include automotive components, causing shares of automakers like General Motors to fall. The U.S. Commerce Department revealed plans to apply a 50% tariff on the metal content of more than 400 categories of goods, including finished automotive parts.
Global financial markets presented a fragmented picture today, with most Asian indices experiencing declines while European bourses showed a mixed performance. The standout anomaly was Tokyo's Nikkei 225, which surged significantly, bucking the regional trend and signaling a unique resilience within the Japanese economy. This divergence highlights the complex interplay
The agreement eases pressure on Japan’s auto industry, a key employer and wage driver, though uncertainty over when the cuts will take effect continues to cloud the outlook.
In a move that has once again sent ripples through global trade, President Donald Trump has implemented a new round of U.S. tariffs, targeting a range of imported goods. While such significant policy shifts typically trigger sharp market volatility, Wall Street's immediate reaction has been notably muted, with major
President Trump's tariff policies continue to cast a long shadow over global trade, directly impacting corporate revenues and earnings reports across a multitude of industries. What began as a strategic move to rebalance trade deficits and bolster domestic manufacturing has evolved into a complex web of increased costs, supply chain
The U.S. and Japan announced a big trade deal that lowers tariffs to just 15% on imports, and the team discusses earnings from General Motors, Intuitive Surgical, and Enphase Energy.
The U.S. and Japan have a new trade agreement, but U.S. automakers widely criticized the deal. Read why and how 3 Japanese automakers stand to benefit most.
The move comes as Harley braces for a challenging year, with mounting tariff costs, a pending CEO transition, and efforts to attract younger riders with more affordable models.
