WASHINGTON, D.C. — Ford won’t be moving production of a hatchback wagon to the United States from China — despite President Trump’s claim Sunday that his taxes on Chinese imports mean the Focus Active can be built in America. Citing Trump’s new tariffs, Ford on Aug. 31 said it was dropping plans to ship the Focus Active from China to America. Trump took to Twitter Sunday to declare victory and write: “This is just the beginning. This car can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!” But in a statement Sunday, Ford said “it would not be profitable to build the Focus Active in the U.S.” given forecast yearly sales below 50,000.
WASHINGTON, D.C. — The dinner table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to keep talking.Forged over grilled […]
Former Treasury Secretary Larry Summers predicted that if Donald Trump were elected, there would be a protracted recession within 18 months. Heeding its experts, a month before the election, The Washington Post ran an editorial […]
PYONGYANG, North Korea — North Korean leader Kim Jong Un says his June summit with U.S. President Donald Trump has stabilized the regional security situation. South Korean media pool reports say Kim made the comment […]