Archive for the ‘Politicians’ Category

U.S. Ending Steel, Aluminum Tariffs on Mexico, Canada

Move design to prevent import of Chinese steel into U.S.

by on May.17, 2019

The Trump administration agreed to lift the steel and aluminum tariffs on Mexico and Canada in order to keep out Chinese steel.

Seeking to secure Congressional approval of the U.S.-Mexico-Canada trade deal, or USMCA, U.S. negotiators secured tough new measures against Chinese steel by agreeing to lift tariffs on steel and aluminum from Mexico and China.

The deal avoids quotas on steel from the two countries, which Canada and Mexico had opposed, according to the Washington Post. The tariffs will end in 48 hours.

The Last Word!

“We came to an agreement that benefits both parties: the tariffs are lifted, without quotas on steel and aluminum,” according to a statement from the Mexican president’s office, adding that it reinstated a tariff-free commercial relationship for those products. (more…)

Senators Look to Rally U.S. EV Material Production

Committee looking to expedite mining process for needed materials.

by on May.17, 2019

Tesla's Gigafactory is basically a one-stop shop for EV production. A Senate committee is looking to make it easier for EV makers to get the materials needed in the U.S.

While the Trump administration – through the Environmental Protection Agency – continues to press for changes in fuel economy regulations that would to sideline efforts to put more EVs on the road across the United States, the U.S. Congress is getting nervous about China’s fast moving electric-car effort.

Both Republicans and Democrats in the U.S. Senate are voicing support for a national electric car supply chain policy in the United States Senate, according to a report from Reuters.

Technology News!

The Senate’s Energy and Natural Resources Committee recently held a hearing on the American Mineral Security Act. The legislation aims to make it easier and quicker for U.S. mines to meet regulations and gain permits for lithium, graphite and other minerals or precious materials needed for electric car production. It would also require a tally of metal reserves in the country. (more…)

Tariff Talk Put on Hold for Six Months by Trump Administration

Formal structure to delay expected soon.

by on May.16, 2019

President Donald Trump believes raising tariffs will bring U.S. manufacturing back to prominence, but has put off a decision on new national security-related levies.

President Donald Trump’s decision to delay any action on new auto tariffs related to national security gives automakers a chance to make some choices about how they’re going to deal with new tariffs if Trump elects to implement them down the road.

Trump has six months to decide whether or not to slap levies on vehicles and parts from other countries under Section 232, a national security law that gives the president broad powers to implement tariffs on goods from other countries that may affect America’s national security.

Global News!

He used it last year on steel and aluminum imports, much to the chagrin of automakers and other manufacturers.  (more…)

With Over 11M Vehicles Expected to Use V2X tech, FCC Delays Decision on Needed Radio Spectrum

Some manufacturers look at alternatives, like 5G.

by on May.16, 2019

IHS Markit predicts the growth of V2X in the United States.

More than 11 million vehicles globally are expected to be equipped with connected-car technology, often known as V2X, by 2024, according to a new study by IHS Markit.

The technology is meant to allow vehicles to talk to one another, as well as an infrastructural network to share information like weather and traffic conditions and even when a stoplight is about to change. It can also alert a driver when another vehicle runs a red light, potentially saving lives.

Technology News!

But some proponents fear the rollout of V2X technology could be delayed, at the least, because of an ongoing debate over the precise method that these systems will use to communicate. The radio spectrum that had been set aside is being coveted by groups like Comcast and CBS which would like to use it for alternative purposes, such as expanded Internet and WiFi services. (more…)

Trump Now Expected to Delay Action on EU Auto Tariffs

President facing heavy opposition – and another trade war with China.

by on May.15, 2019

President Donald Trump instructed Commerce Secretary Wilbur Ross, left, to determine if auto imports are a threat to national security.

With only three days left before he must decide whether or not to impose new, tariffs of up to 25% on European cars and car parts, President Donald Trump is apparently set to punt, putting off a decision for as much as six months.

The president, along with several key advisors, including Commerce Department Secretary Wilbur Ross and trade adviser Robert Lighthizer, have been leaning towards enacting new tariffs after a Commerce study found that imported autos pose a threat to national security. Others, including chief economic adviser Larry Kudlow have been seen as less in favor of taking action that could, critics contend, actually weaken the U.S. economy.

News You Can Trust!

May 18 would have marked 90 days since the Commerce Department study was completed and served as a deadline for either enacting or rejecting the need for tariffs. While some news reports suggest that the president’s closest advisors continue to debate what should be done, CNBC quotes an administration official and several foreign sources saying that any action will be postponed for up to six months, as is permitted under federal trade legislation. (more…)

EU Auto Tariffs Deadline Fast Approaching

European and American automakers alike hope for delay.

by on May.15, 2019

President Donald Trump has until May to either enact new tariffs on EU autos or order a delay.

With one trade war already underway, the White House could kick off another battle this weekend as the May 18 deadline nears for Pres. Donald Trump to decide whether to impose tariffs on European auto imports.

Any move would follow the completion of a Commerce Department study completed last February that concluded auto imports pose a threat to America’s national security. The president has not given a clear indication of how – or whether – he will respond as a 90-day deadline approaches, though he has had harsh words about European automakers in the past, at one point threatening to banish all Mercedes products from the streets of his home city, New York.

Breaking News!

Auto imports from Europe totaled $56.4 billion last year, according to Commerce figures, Germany responsible for the bulk of that. The risk of new tariffs sent shares of German manufacturers BMW, Daimler and Volkswagen reeling in recent days. But even U.S. automakers, as well as suppliers and dealers, have been pressing the Trump Administration to hold back on launching a new front in the trade war.

(more…)

Amsterdam Banning Cars, Motorcycles by 2030

No emissions-spewing vehicle will be permitted in city.

by on May.13, 2019

Amsterdam is banning cars and other emissions-emitting vehicles in the city by 2030.

The city of Amsterdam is preparing to ban all diesel and gas cars and motorbikes by 2030 in an effort to curb air pollution in the picturesque Dutch city, according to reports from the Netherlands.

“Pollution often is a silent killer and is one of the greatest health hazards in Amsterdam,” Amsterdam Traffic Councilor Sharon Dijksma said, explaining the decision to Reuters. Dijksma said that air pollution in the city shortens lifespans of average resident by more than a year, Dijksa said.

Global News!

Despite its bicycle culture — bike sharing was first pioneered in Amsterdam in 1960s,  the Netherlands has air pollution levels that exceed the European Union’s safety rules, mostly because of traffic in Amsterdam and Rotterdam. (more…)

EV Start-Up Workhorse Expected to Buy GM’s Shuttered Lordstown Plant

GM also planning $700 million investment at three Ohio plants.

by on May.08, 2019

This may not be the last vehicle produced at GM's Lordstown, Ohio plant. The automaker is talking with Workhorse to sell the plant.

General Motors will begin the process of selling its shuttered Lordstown, Ohio, assembly plant to Cincinnati-based Workhorse Group and another newly formed venture, the automaker said Wednesday afternoon, largely confirming a tweet issued by President Donald Trump earlier in the day.

If the deal is completed, Workhorse is expected to use the sprawling factory, about an hour southeast of Cleveland, to produce electric trucks, creating hundreds of jobs in the process. The other “newly formed” company partnering in the deal is being led by Workhorse founder Steve Burns.

Business News!

“This potential agreement creates a positive outcome for all parties involved and will help solidify the leadership of Workhorse’s role in the EV community,” said Workhorse CEO Duane Hughes. (more…)

Trade Talks With China Vital to U.S. Companies

Two sides appeared to be making progress before talks ended.

by on May.07, 2019

With the stoppage of trade talks between the U.S. and China, this picture's going to be less frequent in the short term.

Trade talks between the U.S. and China seem to have hit another pothole despite hopes for a broad agreement that could satisfy both sides. Car makers worldwide have been hoping for a new deal during the past several months.

Michael Dunne, president of ZoZoGo LLC, an advisory firm specializing in China’s electric and autonomous tech market and long-time student of Chinee industry, said tension are inevitable given the stakes and do leave Detroit’s automakers vulnerable.

Global News!

“The Chinese are really tough negotiators,” noted Michael Dunne said during an appearance at the Automotive Press Association. (more…)

Senators Pushing Legislation to Protect EV Battery Minerals

Republicans push for battery protection as Trump cuts price incentives.

by on May.06, 2019

A group of U.S. senators developed new legislation designed to protect the mining of minerals needed for EV batteries.

A group of U.S. Senators are banding together to help the growth of electric vehicle sales in the United States, but it’s not the group you’re thinking of.

Yes, several senators, led by Michigan’s Debbie Stabenow, are attempting to reinstate the federal tax credits for electric vehicles. However, there is another group of largely Republican lawmakers looking to find ways of ensuring the raw materials needed for batteries and other components are available in the U.S.

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Sens. Lisa Murkowski, R-Alaska, Joe Manchin, D-W. Va., Martha McSally, R-Ariz., and Dan Sullivan, R-Alaska, have banded together to introduce the American Mineral Security Act to boost domestic production of “critical minerals” that are often imported from China to make electric car batteries.  (more…)

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