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Sep 24, 2025
US implements EU trade deal, 15% autos tariffs retroactive to Aug 1
The Trump administration confirmed a trade deal with the EU, lowering auto tariffs to 15% and exempting aircraft, drugs, and raw materials.
Jun 6, 2025
AESC halts $1.6B EV battery plant over policy fears
COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing with the potential loss of […]
