July 22, 2026, 1:34 p.m. ET The U.S. Senate Commerce Committee approved legislation on Wednesday to toughen a U.S. government ban on Chinese automakers entering the American market that could bar German automaker Mercedes-Benz from selling vehicles in the United States. Senator Ted Cruz, the committee chair and a Texas Republican, warned the bill’s provision that would…
Updated Jan. 22, 2026, 2:33 p.m. ET General Motors Co. will shift production of the Buick Envision from China to Kansas in the Detroit automaker’s latest reshoring move under President Donald Trump’s tariffs. Production of the next-generation compact SUV is slated for 2028 at the Fairfax Assembly & Stamping plant in Kansas City, GM confirmed…
Updated Jan. 17, 2026, 4:09 p.m. ET A key Trump administration trade official is not concerned that Canada’s decision to allow limited electric vehicle imports from China will hurt U.S. automakers, he said Saturday at the Detroit Auto Show. “We have an enormous market share in Canada,” said U.S. Trade Representative Ambassador Jamieson Greer during…
The spark came from CoreWeave, the AI cloud infrastructure firm whose third-quarter results missed expectations. Government reopening also left investors with questions about economic data. After the longest shutdown on record, the U.S. government has reopened and federal agencies are rushing to publish a backlog of delayed economic data. Yet the administration warned that key…