It's a 90-day truce in the trade war.
Cut from 40 percent back to 15 percent, U.S. is told in a phone call
He outlines 'his vision of all automakers producing in the United States'
Auto stocks up, though no further details have been provided.
Congress still has to approve it.
BERLIN — Top executives from German carmakers Volkswagen, BMW and Daimler are finalizing plans for a White House meeting on trade policy next week, German and U.S. officials said on Thursday. Officials from the carmakers, asking not to be named, said the meeting was tentatively set for Tuesday, and would include VW Chief Executive Herbert Diess, Daimler CEO Dieter Zetsche and BMW production chief Oliver Zipse. President Donald Trump has been harshly critical of German automakers and what
He had promised Ohioans last year that jobs were 'all coming back.'
Because of trade war, some SUV production could move there from the U.S.
'Shot in the arm' for farmers harmed by tariff war with China
It falls short of 6,000 cars per week, but quarterly number's on the mark.
Their U.S. production is protected, but imports from Japan are at risk
11th-hour deal creates USMCA, will replace NAFTA.
Says he refused one-on-one meeting; Canada says nobody asked for one
Two thirds of Japan's trade surplus with U.S. comes from cars
Analysts predict 'bad news for consumers' and a 'downward cycle' for the industry.
But foreign minister hopes for a 'win-win-win' if both sides are flexible
EU's Juncker says if U.S. enacts new tariffs, EU will do the same