South Korean Companies Reconsider Plants in US Over Trump
South Korean companies are reconsidering their $54 billion investment blitz to build EV battery plants in the U.S. over concerns President-elect Donald Trump could undo tax credits for EVs.
EPA Hails 'Revitalized' Enforcement Efforts Under Biden
WASHINGTON — The EPA enhanced enforcement efforts in 2024, doubling financial penalties issued to polluters and issuing the first arrest for a climate change-related crime, the agency said.
Shutdown Looms as Congress Debates Transportation Funding
Congress is working to clear for President Joe Biden fiscal 2025 legislation prior to this month’s deadline. A new session of Congress is scheduled to start in early January.
Canada Trade Surplus With US Narrows as Tariff Fight Looms
Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.
Trump Taps Peter Navarro as Trade Counselor
President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.
Trump’s Energy Nominee Chris Wright Champions Fossil Fuels
Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.
December 4, 2024Trump Remains Opposed to US Steel Sale
President-elect Donald Trump reiterated his opposition to the sale of U.S. Steel Corp. to Nippon Steel Corp., saying he’d instead use tariffs and tax incentives to revive the steelmaker.
Mexico Warns Against ‘Inflationary’ US Tariff Plan
Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.
European Markets Slide on Trump’s Trade War Warning
Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.
Trump’s Trade Pick Pushes Strategic Decoupling From China
Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.
November 27, 2024