Global trade in goods seems set to pick up, WTO says

Nov 27, 2023
Demand for electric vehicles is a big driver of the revival.
Trade in auto parts and electronic components have picked up, the World Trade Organization says.
John Thys/AFP via Getty Images

Remember the trade war with China? U.S. businesses are still feeling it.

Apr 19, 2022
Kevin Feig's Florida auto parts company is paying the U.S. government up to $600,000 a month in import duties.
"You have to deal with what you're given. And right now, we've accepted the fact that the tariffs aren't going away," says Kevin Feig, president of Foreign Parts Distributors in Miami. Above, a worker assembles car door unit in Chicago.
Tim Boyle/Getty Images

Canadian protests are choking off one of the most important arteries in the auto industry

Feb 9, 2022
U.S. automakers depend on parts from Canadian manufacturers. And a lot of them cross the Ambassador Bridge.
A trucker protest against Canada’s COVID-19 rules has blocked traffic at the Ambassador Bridge in Ontario, halting the supply of some auto parts to Detroit.
Lars Hagberg/Getty Images

China's new tariff retaliation hits U.S. auto and parts sectors

Aug 23, 2019
China is the No. 2 export market for U.S. vehicles, notably the BMW X5 sport utility vehicle assembled in Spartanburg County, South Carolina.
AFP/Getty Images

China suspends tariff hikes on $126 billion worth of U.S. cars, auto parts

Dec 14, 2018
90 days is probably not enough time to resolve conflicts between Beijing and Washington, economists say.
China announced a 90-day suspension on Friday of tariff hikes on $126 billion worth of U.S. cars, trucks and auto parts.
STR/AFP/Getty Images

Why Carl Icahn wants to pay $1 billion for Pep Boys

Dec 29, 2015
Auto parts and service companies are cashing in on an aging vehicle fleet.

China levies record antitrust fines on foreign firms

Aug 20, 2014
China levies $200 million of fines on Japanese auto parts makers.

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China's export strategy prompts a U.S. trade complaint

Sep 17, 2012
China rewards companies for exporting auto parts to other countries, so the U.S. files a complaint with the World Trade Organization, its 15th against China.