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Frustration and economic losses like those in the U.K. are growing in Japan, the European Union and South Korea.

General Motors is one of the carmakers to agree to a multiyear pact.

The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made.

Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.

President Donald Trump on Aug. 11 extended a tariff truce with China for another 90 days through Nov. 10, stabilizing trade ties between the world’s two largest economies.

The pending expiration of federal rebates sets the stage for a nationwide rush of EV buying before the $7,500 federal credit expires.

The lithium mine closure has spurred speculation that Beijing might move to suspend other projects as it tackles overcapacity across the economy.

The deal includes Northvolt’s flagship factory and a research and development facility, both in Sweden, and the site of a future factory in Germany.

CEO Vincent Clerc described conditions in the U.S. as subdued, owing to the uncertainty from trade tariffs.

Copper rose as traders digested President Donald Trump’s decision to spare the most traded form of the metal from his 50% tariff, while a mine accident in Chile raised supply concerns.