Rising costs, tariffs, COVID-19 and Mexico have cut into Chinese imports

Even before being elected, President Donald Trump, here with President Xi Jinping, promised to revisit trade deals with China.

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Even right before currently being elected, President Donald Trump, right here with President Xi Jinping, promised to revisit trade specials with China.

A blow-by-blow account of the U.S.-China struggle above imports

June 2016: Through a campaign rally, presumptive Republican presidential nominee Donald Trump decries U.S.-China trade relations and vows to revisit existing agreements.

March 2017: Trump, now U.S. president, calls for tighter tariff enforcement and a assessment of U.S. trade deficits.

April 2017: Trump meets with Chinese President Xi Jinping for the 1st time and agrees to a one hundred-working day prepare for trade talks.

July 2017: Following one

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F1 driver Sergio Perez is COVID-19 positive, will miss British Grand Prix

SILVERSTONE, England — Mexican System A person driver Sergio Perez will miss Sunday’s British Grand Prix following tests beneficial for COVID-19, his Racing Level staff stated on Thursday.

The Canadian-owned outfit stated the thirty-12 months-outdated, who is the initial driver to take a look at beneficial considering the fact that the pandemic-hit season started this thirty day period, was “bodily well and in very good spirits.”

They stated they prepared to exchange him for the race at Silverstone.

With Britain extending the virus isolation period of time to 10 times from seven on Thursday, Perez also looks established to miss

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Covid-19 to push automakers into a record loss of Rs 10,000 crore in Q1, Auto News, ET Auto

Despite the recent gains, auto stocks have also lost sheen among investors in the last 18 months due to weak demand for vehicles.
Irrespective of the new gains, vehicle shares have also lost sheen amongst buyers in the last eighteen months due to weak demand for vehicles.

Mumbai: Shown Indian automobile firms could article a cumulative reduction of Rs ten,000 crore for the June quarter.

As significantly as Rs 7,000 crore of this is expected to be the consolidated reduction of Tata Motors, according to brokerage estimates compiled by ETIG. Maruti Suzuki is projected to article its initially reduction as a listed firm, while Eicher Motors, TVS Motor and Ashok Leyland way too are expected to article losses in the quarter disrupted by

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2 dead, 140 test positive for Covid-19; production is on, Auto News, ET Auto

The company will be shutting its plant on Saturday and Sunday for sanitisation purpose and production is expected to resume on Monday morning.
The enterprise will be shutting its plant on Saturday and Sunday for sanitisation purpose and manufacturing is anticipated to resume on Monday morning.

MUMBAI: Leading two- and three-wheelers maker Bajaj Vehicle on Friday stated that two of its staff members succumbed to Covid-19 and a hundred and forty many others have tested positive for the infection at its plant in Aurangabad but the facility carries on to perform commonly.

The assertion arrives just after some media reviews proposed that Bajaj Vehicle had to shut the plant at Waluj near Aurangabad.

“We have additional than 8,one hundred staff members and contractors

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Ashok Leyland postpones launch of project Phoenix due to COVID-19, Auto News, ET Auto

The Chennai-based company, which was all set to introduce a slew of light commercial vehicles (LCV) under the Phoenix codename during April-May period, now plans to launch this project in the second quarter. (Representational image)
The Chennai-based mostly firm, which was all established to introduce a slew of light-weight industrial motor vehicles (LCV) beneath the Phoenix codename in the course of April-May perhaps period of time, now strategies to start this challenge in the next quarter. (Representational picture)

New Delhi: Hinduja Group flagship Ashok Leyland on Friday mentioned it has resolved to postpone the start of its overall Phoenix challenge thanks to the demanding enterprise ecosystem right now owing to coronavirus pandemic.

The Chennai-based mostly firm, which was all established to introduce a slew of light-weight industrial motor vehicles (LCV) beneath the Phoenix codename in

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