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How Trump tariffs could upend car markets in Europe, the US and China

Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain The internal combustion engine appears to hold a special place in Donald Trump’s psyche. During his inauguration speech last week, he made a “sacred pledge” to raise US car production to “a rate that nobody could have dreamt possible just a few years ago”. Car making and the oil industry – not AI, computer chips, or even cryptocurrencies – were the only two industries the new US president highlighted as he promised to make America a “manufacturing nation once again”. Continue reading... from The Guardian https://ift.tt/IlxA9ht via IFTTT
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Shiny sidewalks, scrubbed walls: San Francisco aims to sparkle at Apec meet

City’s mayor promoting beleaguered downtown as the Asia-Pacific Economic Cooperation is expected to draw nearly 20,000 people

With the world watching San Francisco this week as it hosts the Asia-Pacific Economic Cooperation (Apec) summit, the California city has been making use of an opportunity to rehabilitate its reputation as a struggling metropolis in decline.

Apec – San Francisco’s largest international gathering since 1945 when dignitaries gathered to sign the charter creating the United Nations – is expected to draw 20,000 people to the city. The summit will bring together leaders from 21 member countries to promote trade and economic development in the Pacific region.

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