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Honda said it has cut or suspended production this week at some plants in North America as a countermeasure to the chip shortage, which stems from China blocking Nexperia from exporting products.

International shipping has been roiled by retaliatory port charges levied by the U.S. and China on each others’ ships in recent months, a move that pushed up freight costs.

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.

The trucking industry has been facing surging unfavorable verdicts and insurance costs as biases and policies drive up costs beyond economic reality, according to a panel of experts.

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.

Sponsored primarily by Rep. Pat Harrigan (R-N.C.), the SAFE Drivers Act is meant to guarantee commercial drivers have a proficient understanding of English.

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.