The move aims to counter China's growing domination of the global shipbuilding and logistics – and encourage US shipyards to build more vessels.

Auto body fears 25% tariffs on auto imports from Japan, Mexico and Canada will harm the economies of all countries if the Trump Administration goes ahead

The Elon Musk-led carmaker is finally set to enter the Indian market, a move it has delayed for years citing the country's high tariffs on imported EVs

Many complainants who bought their vehicles before the rollout say they had overpaid for their cars

India's tussle with the German auto giant puts the spotlight on issues foreign firms face as they look to expand in the country, including long legal battles and sky-high tariffs

Experts at the International Energy Agency say China's fuel use has already reached a plateau and may even have passed its peak

If their deal had succeeded, the two giants would have created the world's fourth-biggest auto group by vehicle sales

Automakers in Europe are facing tougher emissions rules this year, and face cumulative fines amounting to $15.6 billion if they fall short of targets

Nissan did not want to be a Honda subsidiary, according to sources reported by Nikkei; its board is now reportedly reconsidering it's options

US Postal Service has stopped receiving parcels from China and Hong Kong while it rejigs operations after President Trump closed the de minimis loophole

The lifting of the de minimis loophole will hurt the Chinese and US e-commerce firms but won't kill them, an analyst said

"These moves are warnings that China intends to harm US interests if need be, but still give China the option to back down," one analyst said