Those who have and have no deal

Those who have and have no deal

U.S. President Donald Trump calls on a reporter during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025, in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images Come Friday, the world will have to contend with higher tariff rates from the…

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Australia CPI, MAS policy statement

Australia CPI, MAS policy statement

Consumers and investors are disappointed with Li Auto’s new model, say experts Li Auto’s shares plunging over 11% Wednesday is a reflection that consumers and investors are disappointed with the new models, industry experts told CNBC. “The market reaction reflects disappointment with the Li MEGA and now the Li L8 six-seat battery EV launches,” said…

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U.S. automakers cool with Japan tariff plan

U.S. automakers cool with Japan tariff plan

Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump‘s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and…

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