The United States is on the verge of finalizing multiple trade agreements, according to Treasury Secretary Scott Bessent, who stated on Sunday that several major announcements are expected in the coming days. These developments come as a July 9 deadline looms, after which increased tariffs are set to take effect. Speaking in a televised interview, … Continue reading “U.S. Close to Major Trade Deals as July 9 Tariff Deadline Approaches”
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U.S. stock futures jumped Monday after President Donald Trump hinted at scaling back his threat of 100% tariffs on Chinese imports. The announcement followed last week’s sharp market drop, which saw the S&P 500 and Nasdaq fall after Trump warned of canceling his October meeting with President Xi Jinping. Trump posted on Truth Social: … Continue reading “Trump Eases China Trade Threats, U.S. Stocks Jump – iShook Finance”
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Tesla is waiting for the approval of its (supervised) Full Self-Driving (FSD) system in China, but now a new report claims that Chinese authorities are considering using it as a bargaining chip in the ongoing trade war with the US. Last year, there were reports that Tesla was getting close to a deal with China … Continue reading “Tesla Full Self-Driving’s approval in China could be used as bargaining chip in trade war”
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Mexico is aiming to develop its own EV manufacturing and supply chain At present, global automakers’ Mexico plants assemble EVs and other vehicles for the U.S. The push could be a preemptive move vs. Trump tariff policy Mexico is developing a small electric car to rival cheap imports from China and India. In her Oct. … Continue reading “Mexico's own EVs could rival India and China, face Trump trade rules”