TRUMP TARIFFS ON MEXICO
Audi may boost size of new US auto plant by $3 billion, add 3,000 jobs
Audi's plans to construct a $4 billion assembly plant in Macon, Georgia, are underway, aiming to produce 200,000 SUVs each year. This venture is projected to generate approximately 4,500 jobs for the community. Supported by generous state incentives and a request for US tariff relief, construction could kick off in the early 2030s, paving the way for future expansions.
US Midterm Elections 2026 Exit Polls: What do voters think, and when will results come in Georgia, Florida, Michigan, Ohio, Pennsylvania, Texas and other states?
Americans voted in midterm elections that determined control of Congress for the next two years. All 435 House seats, 35 Senate seats, and 36 governorships were contested. Exit polls indicated potential challenges for the Republican Party based on pre-election surveys. Polling occurred through various methods, with interviews conducted both before and on Election Day. Exit polls reveal widespread voters' dissatisfaction.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to the US government show.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
A trade investigation into Vietnam's intellectual property practices is nearing a conclusion with a November 29 deadline. Various industries have conflicting views on whether new tariffs should be imposed on Vietnamese goods. Tesla and Samsung are against additional tariffs, while steel and wood sectors advocate for penalties. Vietnam has faced escalating exports to the US, surpassing its previous trade standings.
US-friendly nations slash treasury purchases by 60%, led by Asia
In the first eight months of 2026, countries aligned with the US purchased a net total of $174.3 billion in Treasuries. This amount represents a significant decline, reflecting a drop of over 60% from the previous year. It marks the lowest investment level recorded for this period since 2021. The data highlights a shift in fiscal relationships between the US and its partners.
Lula’s Brazil election win: How he thwarted Trump’s Latin America ambitions
Luiz Inácio Lula da Silva won Brazil’s presidential election against Flávio Bolsonaro, stopping a conservative streak in Latin America. This victory challenges U.S. influence in the region and complicates President Trump's strategies. Lula's administration may seek collaboration with Washington while maintaining Brazil's independent foreign policy. Domestic congressional dynamics present challenges for Lula as he pursues reforms amidst conservative opposition.
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Research: Navigating the Business Risks of Changing Pro-America Sentiment
U.S. firms increasingly operate in a marketplace where “Made in USA” is no longer a neutral provenance claim but a charged political signal. A new study analyzing 5,355 companies over twenty years found that pro-America marketing has increasingly shifted from pride-based patriotism to grievance-fueled, us‑versus‑them nationalism. While this can create upsides—new customers, loyalty, pricing power—it also exposes companies to narrative capture, boycotts, and legal scrutiny. To avoid risk, companies must examine their exposure along two axes: domestic embeddedness and symbolic intensity. Leaders must align operations and symbolism, set clear guardrails, and proactively manage meaning drift before others define their loyalties.
Lula da Silva: A metalworker who rose from poverty to reclaim Brazil's presidency
Luiz Inácio Lula da Silva has secured a fourth, non-consecutive term as Brazil’s president, defeating Flávio Bolsonaro in a fiercely contested election. The victory strengthens the left’s position in Latin America amid Donald Trump’s growing influence, marking another remarkable comeback for the former metalworker who overcame corruption convictions and imprisonment.
Trump critic Lula wins reelection in Brazil, securing fourth presidential term
Brazil's President Luiz Inacio Lula da Silva secured his fourth term in a close election against Flavio Bolsonaro. The election was marked by confusion at polling places due to a last-minute decision to extend voting. Lula's victory represents a significant moment for leftist leadership in Latin America. Challenges related to the cost of living and security were crucial in the election.
Lula beats Trump-aligned Bolsonaro in Brazil Presidential election: What happens next for US ties and the Amazon
In a decisive victory, Luiz Inácio Lula da Silva has clinched the presidency of Brazil for the fourth time, signaling a potential shift in the nation’s diplomatic ties with the United States under Donald Trump. Lula's agenda includes combatting Amazon deforestation, a stark departure from Bolsonaro's environmental stance. Meanwhile, Flávio Bolsonaro seeks to uphold his father's political legacy.
Trump declares wind turbine imports as threat to national security; India among top suppliers
US President Donald Trump recently declared that imports of wind turbines pose a threat to national security. The declaration followed a Commerce Department investigation focusing on cybersecurity issues related to foreign-made equipment. Trump cited concerns regarding foreign reliance and interruptions to radar systems and air traffic operations. Instead of imposing immediate tariffs, he directed trade officials to negotiate with partners.
PM Modi's free trade push could lead to $140 billion GDP gain for India
A more protectionist US could unexpectedly benefit India as New Delhi expands its free-trade agreements (FTAs) to diversify export markets and attract investment. A World Trade Organization-based model estimates that India’s concluded and proposed trade deals, including agreements with the EU and New Zealand, could add about $140 billion to GDP by 2035, lifting it 1.7% above the baseline.
Trump sticks with tariffs even as US voters turn against them before the midterms
US President Donald Trump's tariff policies are facing growing economic and political challenges ahead of the November 3 midterm elections, with a majority of Americans reportedly opposing his latest import duties. While the White House argues that tariffs will boost domestic manufacturing, trade experts warn that higher costs are being passed on to US businesses and consumers. The policy has also fuelled trade disputes with major partners, including the European Union, India, Canada and Mexico.
Trump suggests renaming the Pacific Ocean after him – here's a list of water bodies and regions he has renamed or has tried to
At a recent rally in Tennessee, Donald Trump suggested renaming more water bodies in his honor, including oceans. The president mentioned possibilities like renaming the Atlantic or the Pacific Ocean to "Trump Ocean" or "Ocean of the Americas". Trump has previously changed names for water bodies such as Lake Ontario and the Gulf of Mexico, causing diplomatic tensions.
As Democrats eye big midterm wins, Republicans look to turn the tables in some House districts
Republicans are focusing on pivotal congressional races as they seek to gain ground in the midterms. Key issues include immigration and economic policies being heavily funded by national organizations. In New Hampshire, an open seat contest is drawing attention due to fluctuating party support. Politicians like Greg Landsman and Susie Lee face tough opponents in newly redrawn districts.
'I'm in no rush': Trump leaves US-Canada trade talks in limbo
US President Donald Trump has said that he is not rushing to resume trade negotiations with Canada. He insisted that any future agreement requires Canada to approach these talks with honesty. Following the breakdown of negotiations in August, significant tariffs have been imposed by both countries. The dispute currently affects the United States-Mexico-Canada Agreement concerning North American trade.
“God Made Trump, the Country He Loves”: 13 taxpayer-funded ads and $20 million campaign revealed as Trump’s unusual ad blitz expands
The Trump administration is actively utilizing 13 taxpayer-funded, campaign-style ads to promote its policies. These advertisements showcase military accomplishments and various initiatives from the administration, with officials arguing they serve as public service announcements. The titles of the ads include God made Trump, The Country He Loves. However, lawmakers from both parties express concerns over the legality of this advertising approach, igniting discussions about potential misuse of government funds.
US 'severely disappointed' in lack of G20 consensus on overproduction
The US G20 presidency expressed disappointment after trade ministers failed to reach agreements on excess capacity. A draft statement aimed at addressing this issue saw support from most members but was rejected by a few. China previously objected to calls for eliminating non-market policies and only a few countries took a stand against forced labor. Mexico and Argentina joined the US in issuing a statement regarding forced labor concerns.
India goes FTA shopping at G20 as Piyush Goyal works the room with a cart full of trade deals
India's Commerce Minister Piyush Goyal is actively engaged in negotiations for several trade agreements at the G20 meeting. Talks with the US include an interim pact and finalizing issues for a broader agreement. Discussions with Canada aim to conclude a Comprehensive Economic Partnership Agreement by the end of 2026. Existing trade agreements with the UK and Australia are also under review for their implementation and effectiveness.
With a mixed scorecard, Trump poised to test his powers again at US Supreme Court
The US Supreme Court begins its new nine-month term on Monday with several cases testing the scope of President Donald Trump’s powers. Justices will hear disputes involving immigration and deportation policies, while appeals over transgender military service, asylum restrictions, federal prosecutors and executive authority could further shape the boundaries of presidential power.
From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effect
The United States of America has banned nearly $1 billion worth of Canadian imports, which includes alcoholic beverages, dairy products and motorcycles. The move comes as a rebuttal against Canada's retaliatory tarriffs against previous American tarriffs on Canadian goods. Candian Prime Minister Mark Carney is rapidly pushing for new trade partnerships.
US immigration crackdown hits Kansas, disrupts beef processing
ICE operations in southwest Kansas resulted in significant labor shortages at beef processing plants and affected cattle shipments. Community organizers reported that many immigrant workers stayed home due to fears of arrest. The livestock industry has criticized the operations, stating they are causing operational chaos and increasing beef prices. As a result, slaughter numbers declined sharply in recent days, impacting supply.
US, UK, China drive India's engineering goods exports in August
Engineering exports increased 24.86% on-year in August to $12.32 billion of which shipments to the US rose 31% to $2.2 billion, and to China were $424.65 million, up 75%.
New FTAs provide comfort to invest in global supply chains in India: Commerce Secretary Rajesh Agarwal
India's latest free trade agreements are designed to foster long-term investments within global supply chains, also ensuring tariff stability, Commerce Secretary Rajesh Agarwal said. By tapping into a massive $60 trillion market, these agreements bolster investor confidence, he noted.
India-EU FTA to boost Indian exports, spur Danish investment in India: Denmark envoy Kristensen
The India-European Union Free Trade Agreement is anticipated to significantly increase Indian exports to Denmark. It is also expected to drive greater Danish investment in India, benefiting companies from both regions. Danish investment will focus on manufacturing in India for both local markets and export purposes. Intellectual property rights protection is emphasized for both Indian startups and Danish enterprises.
View: The US is badly losing its trade war with China
Xi Jinping's upcoming visit marks the first Chinese state visit to the United States since 2015. US-China trade policies initiated in 2018 have not achieved their intended goals, despite some superficial successes. China's trade position has strengthened, and it continues to be a leading manufacturer and exporter. US tariffs and export controls have led to unintended consequences that impact American companies and consumers.
India, Canada & Mexico's $8 trillion trade math looks for cover amid Trump tariff bullet
India is accelerating trade talks with Canada and Mexico as the three countries seek to diversify markets amid disruptions from US tariff policies. India and Canada will hold a fifth round of negotiations from October 5, with a deal potentially being signed during Prime Minister Narendra Modi’s expected Canada visit in December.
A Xi-Trump summit deal can throw US carmakers under the China bus
US automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of President Donald Trump’s meeting with Chinese President Xi Jinping. The push follows Trump’s comments that he would allow Chinese companies to build vehicles in the US if they employed American workers, raising concerns that Washington could offer market access as part of a broader trade deal. Industry groups representing major automakers have urged the administration to bar Chinese firms from selling, importing or manufacturing vehicles in the US, citing economic and national security risks.
Trump may hold off on new capacity tariffs as Xi meeting draws closer: Report
The United States is expected to postpone announcing new tariffs targeting what it considers excess manufacturing capacity among trading partners until after next week’s planned summit between Chinese President Xi Jinping and US President Donald Trump, Bloomberg News reported, citing people familiar with the matter.
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