Trump's tariff, EV orders signal uncertain year for auto market

Trump’s tariff, EV orders signal uncertain year for auto market

Executive orders signed by President Donald Trump on Jan. 20 emphasized his hopes to scale back available electric vehicle subsidies and increase tariffs on products from other countries, highlighting the uncertain trajectory of a post-election auto market.   One of the orders, titled “Unleashing American Energy,” aims, in part, to eliminate “unfair subsidies and other ill-conceived…

Read More
China’s commitment to economy not undermined, analysts say in absence of large stimulus

China’s commitment to economy not undermined, analysts say in absence of large stimulus

China’s top economic planner has solidified Beijing’s commitment to bolstering the economy, by reiterating confidence in achieving the full-year growth target, while the lack of a new big-bang stimulus that the markets had expected does not change the supportive policy direction, according to analysts. Pundits added that more measures may be in store as authorities…

Read More