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Sources familiar with the matter revealed that some North American auto industry officials believe that either option would be an improvement over the current 25% tariff imposed by the United States on Canadian cars, since the tariff rates on cars from Japan, South Korea, and the European Union are only 15%.
Sources familiar with the matter revealed that, after deducting a portion of the value, the United States and Canada are in talks to reduce U.S. auto tariffs from the current 25% to 15%.
According to The Times: (When asked whether the UK would face a deadline for abolishing the digital services tax) US Trade Representative Greer said there would be no artificial timetable.
According to The Information: Tesla (TSLA.O) is preparing to launch its steering wheel-less taxi, Cybercab, in August.
The U.S. Airports Authority will vote on a $19.9 billion redevelopment plan for Washington Dulles International Airport.
Jared Kushner, Trump's son-in-law: Dialogue between the U.S. and Iranian governments in various fields is more active than ever before.
According to The Times, U.S. Trade Representative Greer said Trump’s threat to impose 100% tariffs on the UK was “not a bluff.”
U.S. Energy Secretary Wright: The U.S. Strategic Petroleum Reserve still stands at 300 million barrels, and the reserve will be higher than before the conflict ends.
U.S. Energy Secretary Wright: The government will announce measures in the coming days to help refineries increase fuel production.
A Reuters/Ipsos poll shows that 80% of Americans expect U.S. involvement in Iran to last for an extended period.
A Reuters/Ipsos poll shows that 64% of Americans are dissatisfied with Trump's performance in the White House.
A Reuters/Ipsos poll shows that U.S. President Donald Trump's approval rating has fallen to 33%, a new low for his second term.
US President Trump: The United States is not seeking to extend the memorandum of understanding with Iran.
US President Trump: The Strait of Hormuz remains open, and oil prices are falling.
US President Trump: We ship millions of barrels of oil through the Strait of Hormuz every week; the strait is open.
US President Trump: We control the Strait of Hormuz.
US President Trump: Our primary goal is to prevent Iran from acquiring nuclear weapons.
US President Trump: (Regarding the British Prime Minister) He faces immigration and energy issues.
US President Trump: I get along very well with South Korea.
The Federal Reserve accepted a total of $255 million from six counterparties in its fixed-rate reverse repurchase operations.