Related News

Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies. In an announcement Tuesday,

OpenAI said Tuesday it is launching an artificial intelligence-powered website browser, heightening the company’s competition with Google, the Alphabet-owned unit that has long dominated online search. The new browser, called

Packages on a conveyor belt at an Amazon fulfilment center in Dartford, UK, on Monday, July 7, 2025. Jason Alden | Bloomberg | Getty Images Amazon on Tuesday launched a

Nurphoto | Nurphoto | Getty Images HBO Max is the latest streaming services to raise its prices. The streaming giant, owned by Warner Bros. Discovery, announced Tuesday that it is

OpenAI CEO Sam Altman speaks to members of the media as he arrives at a lodge for the Allen & Co. Sun Valley Conference on July 8, 2025 in Sun

Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic. Chesnot | Getty Images Anthropic CEO Dario Amodei addressed “inaccurate claims” about the artificial intelligence startup’s policy stances on Tuesday

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Michigan Governor Whitmer urges Donald Trump to ease tariffs; auto jobs under threat; automaker fears rising cost

Word Count: 736 | Estimated Reading Time: 4 minutes


Michigan Governor Whitmer urges Donald Trump to ease tariffs; auto jobs under threat; automaker fears rising cost

Michigan Governor Gretchen Whitmer met privately with President Donald Trump this week to deliver a message she knew he might resist: his tariffs are hurting the state’s automotive industry, threatening jobs and profits in a sector central to Michigan’s economy.The Democrat brought a slide presentation to the Oval Office meeting on Tuesday, highlighting how Trump’s import taxes could cause severe economic damage in a state that helped elect him in 2024. It was Whitmer’s third White House meeting since Trump returned to office in January, but unlike her more public visit in April, this one was behind closed doors.According to people familiar with the talks, Whitmer also raised the need for federal support after an ice storm and asked to delay Medicaid changes, reported AP. Trump made no specific commitments.Under Trump’s trade measures, US automakers face a 50% tariff on steel and aluminum, 30% on parts from China, and up to 25% on goods from Canada and Mexico not covered by a 2020 trade deal. Meanwhile, German, Japanese and South Korean vehicles pay only a 15% import tax under new agreements. Trump has also threatened a 100% tariff on imported computer chips, key to modern vehicle production, exempting only domestic producers.Whitmer’s presentation, obtained by The Associated Press, showed that trade with Canada and Mexico has driven $23.2 billion in investment to Michigan since 2020. General Motors, Ford and Stellantis run 50 factories in the state, supported by over 4,000 parts suppliers, together employing nearly 600,000 workers.Automakers have repeatedly warned the administration that the tariffs will cut profits and hurt global competitiveness. Ford said tariffs cost it $800 million in the second quarter alone, while GM reported $1.1 billion in related expenses. Both say these costs could limit investment in new US factories.Since Trump took office in January, Michigan has lost 7,500 manufacturing jobs, federal data show. Smaller suppliers, such as Detroit Axle, have also felt the strain. Owner Mike Musheinesh said the market has shifted from growth to mere survival, though his company recently avoided closing a warehouse and laying off over 100 workers.Matt Grossman, a political science professor at Michigan State University, said the meeting underscored Whitmer’s unique position among Democratic governors, balancing state interests with political opposition to Trump’s agenda. “Everyone’s aware Michigan is a critical swing state and the auto industry has outsized influence,” he said.





Source link

Most Popular Articles