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The engines will not be exported to the U.S., but it’s unclear which countries they will be sent to, a source told Bloomberg. An announcement is expected as early as this week.

The 51-47 vote, which included four Republicans, highlights economic anxiety over President Trump's tariff regime. The votes are the clearest sign yet of growing Republican unrest.

The U.S. will also halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans and other American agricultural products.

GDP is already poised to be at least one percentage point lower in the fourth quarter due to the government shutdown, according to the CBO report released Oct. 29.

In their post-meeting statement, Fed policymakers on Oct. 29 repeated their assessment that “job gains have slowed” and said “risks to employment rose in recent months.”

The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.

Trump sidestepped the question of how long he felt extending the deadline was appropriate. He said existing tariff rates were sufficient to convince car companies to move manufacturing to the U.S.

South Korea Policy Chief Kim Yong-beom said that Seoul would spend $150 billion on shipbuilding in the U.S. and provide $200 billion in cash under an investment pledge.

Crude prices jumped after the sanctions announcement, but market reaction has been muted amid confusion over just how seriously the White House would enforce the new measures.