BYD, Chery, and other Chinese car makers have reshaped global competition, developing new models in less than half the time it takes their foreign competitors. Due to their agility, Chinese automakers have obtained control of their home market, the world’s largest, from their foreign competitors and are expanding globally, according to Reuters. Currently, Chery is […]

White House ‘Very Optimistic’ Supreme Court Will Strike Down Tariff Ruling, Navarro Says Authored by Jack Phillips via The Epoch Times, Top White House trade adviser Peter Navarro said that an Aug. 29 court ruling that struck down most of President Donald Trump’s tariffs would cause negative economic consequences, but he said he’s “very optimistic” […]

Tesla’s European Sales Slump Continues Into August Authored by Tom Ozimek via The Epoch Times, Tesla’s sales slump in Europe extended into August, with sharp declines in key markets underscoring the U.S. electric vehicle (EV) maker’s struggles against rising Chinese competition and a consumer backlash against CEO Elon Musk. Fresh data from French car industry […]

Bessent: “We May Declare A National Housing Emergency In Fall” Treasury Secretary Scott Bessent told the Washington Examiner on Labor Day that the Trump administration may declare a national housing emergency in the coming months to address the affordability crisis. Bessent’s comments come just ahead of an expected interest-rate cut cycle, underscoring the administration’s urgent effort to […]

However, her lawyers—Mark Zaid and Abbe Lowell—disagreed. In their words, she was asked to resign because she “refused to rubber-stamp unscientific, reckless directives and fire dedicated health experts,” and she did not resign. They further argued that only the president can terminate a sitting CDC director, not Kennedy or any other HHS official. White House […]