The carmaker denied a report that its board had explored finding a successor to Elon Musk. But even if he sticks around, he and the company face big challenges.
Category: Customs (Tariff)
-
As a Tariff Loophole Closes, Sellers Who Import From China Brace for Chaos
Independent vendors who sell on sites like Etsy and eBay are trying to blunt the pain from tariffs on low-cost Chinese-made goods.
-
Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast
The Bank of Japan predicted growth of just 0.5 percent, cutting its previous forecast in half, and decided against another hike in interest rates.
-
Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
Faced with tariffs introduced by President Trump on cars, steel and aluminum, Europe’s carmakers are pessimistic about the future.
-
Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
During the first 100 days of the Trump administration, shock waves from the chaotic tariff rollout continue to send tremors through the global financial system.
-
U.S. Economy Shrank in First Quarter as Trump Tariffs Loomed
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown.
-
Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury?
Companies are weighing whether they should be transparent about tariffs’ effect on prices, or — as Amazon learned on Tuesday — risk drawing the president’s ire.
-
Vietnam Used to Be a Safe Haven for Trade. Now It Might Not Be.
On the 50th anniversary of the end of the Vietnam War, U.S. companies that have come to rely on Vietnam’s factories, like Apple and Nike, are in a bind because of Trump’s tariffs.
-
Chinese Factories Slow in Early Sign of Trade War’s Toll
A slowdown in commerce between the United States and China caused by escalating tariffs was evident in a report Wednesday on manufacturing activity in April.
-
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Profit fell 50 percent in the quarter, and the company said one reason was its hiring of additional workers to help its turnaround strategy.
-
West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Large importers, including retailers and manufacturers, paused imports from China this month amid an escalating trade war. Ports are now poised to feel the fallout.
-
White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was “not going to happen.”