The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
Category: International Trade and World Market
-
In Trump’s Shadow, India and the European Union Expand Trade Ties
After nearly 20 years of negotiations, the two sides struck a far-reaching agreement that officials called “the mother of all trade deals.”
-
Trump Says He Will Raise Tariffs on South Korea to 25%
President Trump threatened to increase tariffs on South Korean exports, including cars, citing the country’s slow ratification of a trade deal.
-
U.S. Automakers’ Foreign Troubles Now Extend to Canada
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
-
Trump Returns to a Familiar Role: Sowing Trade Chaos
The president’s quick reversal on tariffs over Greenland was another sign of his willingness to rip up the international order — even parts of it that he himself has made.
-
The Leverage That Europe Has Over the U.S. Economy
After the latest bout of trade turmoil with the United States, European leaders are looking for ways to project strength to the Trump administration, which considers them weak.
-
China Wins as Trump Cedes Leadership of the Global Economy
The president used a keynote speech at the World Economic Forum in Switzerland to renounce the last vestiges of the liberal democratic order.
-
Greenland Tensions Rattle Global Markets
A slump in U.S. stocks spilled into markets in Asia and Europe on Wednesday, ending a period of relative calm.
-
Trump Threatens New Trade War as Court Weighs Whether to Check Him
President Trump may be on the verge of having his authority on imposing tariffs curtailed, but that hasn’t slowed down his threats.
-
The Trump Drama Hits Davos
Greenland, tariffs and wobbling markets are the talk of the town at the World Economic Forum ahead of the president’s arrival on Wednesday.
-
Trump’s First Year Could Have Lasting Economic Consequences
President Trump’s policies have so far done little to change the overall state of the American economy, but economists warn they will ultimately weaken the United States.
-
At a Seattle Port Rocked by Tariffs, There Were 70 Jobs for 600 Workers
Dock workers are used to uncertainty, but nothing since the Great Recession of 2008 compares to what they have experienced this year.