autos
Coverage of autos in the Nexus archive.
- China’s exports jump 19.4% in May from a year earlier, despite Iran war
China’s exports rose 19.4% in May compared to a year earlier, driven by autos, technology, and AI-related products like semiconductors, despite the Iran war. Imports also increased by 27.4%, while trade with the United States declined due to tariffs imposed by President Donald Trump.
- Canada's prime minister refers to US economic ties as a weakness
Canadian Prime Minister Mark Carney criticized U.S. trade policies, stating that close economic ties with the U.S. have become weaknesses due to rising tariffs. He emphasized the need for Canada to address vulnerabilities in industries like autos, steel, and lumber while reducing reliance on U.S. economic stability.
- Canada's prime minister refers to US economic ties as a weakness
Canadian Prime Minister Mark Carney criticized U.S. economic policies, stating that Canada's historical trade strengths with the U.S. have become weaknesses due to rising tariffs. He highlighted threats to industries like autos, steel, and lumber, urging Canada to build resilience and diversify partnerships. The U.S. Supreme Court recently ruled against President Donald Trump's tariff authority, leading to refunds for businesses.