IHS predicts price increases would cause US auto sales to fall by an average of 1.8 million vehicles a year through 2026.
Trump muses about possible easing of sanctions against Chinese telecom company caught violating US embargoes against Iran and North Korea.
Company accused of misleading US regulators after it settled charges of violating sanctions against North Korea and Iran.
Businesses respond to boosted demand by rebuilding stockpiles.
US exports fall 1% to $183.3 billion, lowered by weak auto, telecommunications and heavy machinery sales.
163,000 jobs in July, the biggest increase since February.
The Obama administration is moving to impose stiff new tariffs on wind-energy towers made in China, the latest strike in an escalating trade war over clean energy.