Nike Inc., Adidas AG and other footwear giants urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our companies and the American economy as a whole.”
Ford Motor Co. will help turn around its money-losing Chinese operations “a lot” once it begins building Lincoln models there later this year and the Ford Explorer sport-utility vehicle next year, the company’s chief financial officer said Wednesday.
Governments and companies seeking insight into how to negotiate with President Donald Trump may want to head to Mexico City.
Benn Steil“Be prepared for a hostile and extremely unpredictable environment. You need to be aware that the negotiating positions or many of the ideas that are tabled might end up the next day in a tweet. It’s not a normal negotiation.”
China signaled a lack of interest in resuming trade talks with the U.S. under the current threat to escalate tariffs, while the government said stimulus will be stepped up to buttress the domestic economy.