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GovernmentBusiness

Trump Says Day 1 China Trade Talks Went Very Well

President Donald Trump said the first day of high-level trade negotiations between the U.S. and China went very well and hell meet the top Chinese negotiator on Oct. 11.

October 10, 2019
GovernmentBusinessLogistics

China to Ask US to End Sanctions on COSCO Shipping Company

China plans to ask the U.S. to lift sanctions on its biggest shipping company at high-level trade negotiations in Washington this week, people familiar with the matter said.

October 10, 2019
GovernmentBusiness

Chinese Tariffs Hit US Car Sales, Jobs in Trade-Heavy Counties

In the trade war with the U.S., Chinas tariffs have targeted agricultural goods for a couple main reasons: They make up a large proportion of U.S. exports to China, but also because they strike at the heart of President Donald Trumps base of support in farm country.

October 8, 2019
Business

GM and Ford Cant Shake Anguish Over US Sales

General Motors Co. posted a quarterly sales gain, and Ford Motor Co. sales fell less than expected. But both are having trouble shrugging off concerns that the U.S. auto market is taking a turn for the worse.

October 2, 2019
GovernmentBusinessFuel

Officials Agree on Plan to Boost Ethanol, Biodiesel

The Trump administration has agreed to a new plan for boosting renewable fuels and offsetting waivers exempting oil refineries from mandates to use them, according to three people familiar with the matter who asked for anonymity before a formal announcement.

October 1, 2019
GovernmentBusinessFuel

Pemex Faces Oil Trading Team Exodus Amid Pricing Review

Petroleos Mexicanos head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nations crude price formulas, people familiar with the matter said.

September 27, 2019
GovernmentBusinessFuel

A 12,000-Mile Trip May Be in Vain Due to Iran Oil Sanctions

More than two months and 20,000 kilometers (12,000 miles) ago, the tanker Da Yuan Hu left Singapore and headed to Mexico to pick up a shipment of crude oil. On Sept. 26, with less than two weeks to go until it reaches its destination, its long quest could be in jeopardy.

September 26, 2019
BusinessTechnologyEquipmentFuel

China Battery Giant Shrugs Off Headwinds With $1.4 Billion Plan

Chinas top maker of electric-vehicle batteries plans to spend $1.4 billion (10 billion yuan) building its first factory in the southwest of the country, adding to ambitious plans for the next decade even as the short-term EV outlook gets buffeted by subsidy cuts and demand uncertainties.

September 26, 2019
GovernmentBusiness

China Gives New Waivers for Tariff-Free US Soybean Purchases

The Chinese government has given new waivers to several domestic state and private companies to buy U.S. soybeans without being subject to retaliatory tariffs, according to people familiar with the situation.

September 24, 2019
GovernmentBusinessTechnologyFuel

California Sues US to Regain Power Over Auto Emissions

California is asking a federal court to prevent President Donald Trump from stripping the state of its power to set limits on auto emissions of greenhouse gases that are stricter than those of the national government.

September 20, 2019