archivetariffs

General Motors: History, innovation, and legacyLearn about the rich history and notable innovations of General Motors, from its founding in 1908 to its leadership in electric and autonomous vehicle technology.Two popular Chevrolet models will move to U.S. plants from Mexico.The plan is to produce gas-powered full-size SUVs and light duty pickup trucks at Orion Assembly in Michigan early 2027.GM also is retooling its Fairfax Assembly plant in Kansas and the Spring Hill Manufacturing plant in Tennessee.General Motors will invest $4 billion in three U.S. manufacturing sites over the next two...

Volkswagen is holding “fair” and “constructive” talks with the United States government on tariffs and wants to make further investments in the country, CEO Oliver Blume told German newspaper Sueddeutsche Zeitung. Several foreign companies have announced new US investments in response to President Donald Trump’s import tariffs, but German carmakers have been more cautious about committing more resources to what is their biggest export market. Volkswagen’s Audi brand, which has no production in the United States, is planning to produce some models in there, although the brand has said that...

"The bigger issue is that we have had a lot of policy uncertainty which got going in the first quarter but really took off with Liberation Day and all the volatility around the tariffs in the first weeks of April which is after the Q1 GDP report period," says Arnab Das, InvescoWith the US GDP down 0.2%, are we seeing early signs of policy induced taxation risk according to you?Arnab Das: Look, there is an element of that. What happened to drag down GDP growth in the first quarter was...

Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump's proposed tax legislation. The 30-year Treasury yield (^TYX) surged as high as 5.15% last week, hovering near its highest level since 2007. Yields pulled back slightly in early Tuesday trading, with the 30-year yield dipping back below 5% following reports that Japan's central bank may scale back its own bond issuance. Still, investor anxiety remains elevated. While ballooning deficits have...

The euro and other global currencies experienced a significant boost on Monday following President Donald Trump's decision to delay imposing 50% tariffs on EU imports, initially set for June 1. This move, requested by the EU to facilitate a better deal, comes amid Trump's broader policy shifts, contributing to a weakening U.S. dollar.Ray Attrill of the National Australia Bank noted the resurgence of the 'Sell America' trend in the currency markets. Investors are factoring in the likelihood that the U.S.-EU tariff resolution won't reach the hefty 50% level, though...

US Stock Market Highlights: US stocks slipped on Tuesday (May 20) as the tech-driven rally lost momentum. The S&P 500 fell 0.39% to close at 5,940.46, while the Nasdaq Composite declined 0.38% to 19,142.71. The Dow Jones Industrial Average shed 114.83 points, or 0.27%, ending at 42,677.24. Tech stocks, which had powered the market’s gains over the past six sessions, saw broad declines.US Stock Market Highlights:  US stocks slipped on Tuesday (May 20) as the tech-driven rally lost momentum. The S&P 500 fell 0.39% to close at 5,940.46, while the...

New Delhi: The series of tariffs announced by the US will have negative credit implications for debt issuers across emerging markets, particularly export-reliant companies, with broader trade uncertainty set to weigh on consumer, business and financial activities, Moody’s Ratings said in a report on Tuesday.Companies with significant exposure to US-bound tariffed goods face the most direct risks, the rating agency said in a report on tariffs in emerging markets.However, Moody’s warned that a much larger pool of debt issuers will suffer indirectly through slowing economic growth, declining commodity prices, depreciating...

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous session in the green, despite India-Pakistan tensions rising post Operation Sindoor and ahead of the US Fed meet. Nifty 50 closed at 24,414.40, while Sensex ended at 80,746.78. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous session 1,862.95 points away from its record high of 26,277.35.Overnight, Wall Street indices ended higher after the US Fed left interest rates unchanged brushing off US President Donald Trump's demands to lower rates....

The U.S. dollar faced struggles on Tuesday, marked by impatient investors awaiting progress on expected U.S. trade deals. Asian currencies took a breather after an unprecedented two-day rise, emphasizing the dollar's fragility. The yen saw the dollar drop 0.57% to 142.87, while the British pound gained 0.56% to $1.3371.Jane Foley, head of FX strategy at Rabobank, noted a decline in last week's optimism linked to potential trade deals. Market participants are growing concerned about company warnings regarding economic damage from tariffs. Recent investor optimism about potential U.S. deals slashing...

The steep recovery in equity markets over the past two weeks is typical of bear market rallies, and the erratic swings mean almost every investor will experience pain whichever direction the market suddenly moves. Goldman Sachs Group (GS) strategist Peter Oppenheimer said “the asymmetry for equity investing is poor. Sharp rallies within bear markets are the norm, not the exception.” The biggest market driver is still uncertainty, with no real long-term bullish or bearish conviction seen from investors. Price action is mainly fueled by short-term headlines and guesswork on how...