The EPA's plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.

President Donald Trump will sign an executive order July 31 imposing new tariff rates on trading partners that take effect Aug. 1, the White House said.

Profit at Daimler Truck tumbled in the second quarter of 2025 as North American sales slumped, with little prospect of a near-term improvement if Q2 orders are anything to go by.

President Donald Trump delayed the implementation of 50% tariffs on Brazilian exports by seven days while exempting many products from the punishing levy.