Truck and automobile components and parts manufacturers came out strongly against President Trump’s latest threat to impose a 5% tariff on Mexican imports, saying that it would only serve as an additional tax on the American people and put jobs and investment in the U.S. at risk.
The Democratic leaders of Capitol Hill emerged from a “good will” meeting to report that a bipartisan agreement had been reached to introduce to Congress a $2 trillion plan to modernize the nation's infrastructure.
President Trump and senior White House officials met with Bob Nuss of Nuss Truck & Equipment in Burnsville, Minnesota about taxes and the economy and asked for his support of a federal excise tax repeal.
The Trump administration has plan to cut the $7,500 federal tax credit that has supported sales of battery-electric vehicles as part of its 2020 budget proposal.
The average fuel efficiency of light-duty cars, trucks, and SUVs reached 24.9 miles per gallon for the 2017 model year, which is a record high, even as the industry may have trouble meeting future standards, according to the EPA.
Trump administration officials representing the EPA and NHTSA held a "tense" late-February conference call with auto manufacturing executives, sources have told Bloomberg.
In his State of the Union address, President Trump again said he wants America’s infrastructure revamped and implied that Congress still does, too – but he offered no new details on how to go about it.
The National Highway Traffic Safety Administration (NHTSA) has paused its regulation of vehicle recalls and is not posting updates on its website during the federal government shutdown.
China will suspend the additional 25% tariff imposed on U.S. auto imports for three months starting Jan. 1, the Chinese Finance Ministry announced Friday.
BMW and Volkswagen are considering plans to expand U.S. production following a Dec. 4 meeting with President Trump at the White House.
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