US tariffs have helped accelerate the steel maker’s plans to focus on under-served markets in Canada.
IHS predicts price increases would cause US auto sales to fall by an average of 1.8 million vehicles a year through 2026.
A 10% tariff increase imposed in July on US$200 billion of Chinese goods is due to rise to 25% on March 2.
US Commerce Department to issue its guidance on whether auto imports endanger US national security enough to justify import taxes.
Commerce Department approved exemption requests from 370 companies for up to 4.1 million tons of foreign steel.
Trump may let the deadline slide if talks are going well; additional duties on $US200 billion of Chinese goods if they don’t.
Once surging sales to EU, the industry’s biggest export market, fell by 8.7% from July through November.
Goal is to make enough progress to persuade Trump to extend his deadline.
Ramp up despite shipping costs that are roughly 50% higher than from American points in the south.
Trump and Xi last met in December in Argentina.
Freeland continued to resist the notion that there is a link between the trade deal and the tariffs.
Dropping them would amount to unilateral surrender to the Americans.
Vice Premier Liu He, was invited by U.S. Trade Representative Robert Lighthizer.
GAC Motor’s president spoke about the company’s plans at the Detroit auto show.
Manufacturing will present the biggest challenge for Chris Reynolds, who must navigate uncertain US trade policies.