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A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.

The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called “reciprocal” tariffs until at least the beginning of August.

Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.

African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Waymo and expand in the U.S.

Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musk’s political views continue to keep buyers away.

Sweeping tax legislation passed by the Senate on July 1 would make it cheaper for semiconductor manufacturers to build plants in the U.S., delivering a win to chipmakers.

Bollinger Motors faces a deeply uncertain future after emerging from a brief stint in receivership that came amid a cash crunch and a federal lawsuit over an outstanding $10 million loan.

Tesla shares slumped July 1 as the war of words between Elon Musk and President Donald Trump over the tax bill and spending cuts heats up, with Musk saying he may form a new political party.

The EU  is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of the bloc’s exports, but wants the U.S. to commit to lower rates on key sectors.

The U.K. is planning to keep its digital services tax, after Prime Minister Mark Carney scrapped Canada’s levy to restart trade talks with President Donald Trump’s administration.