The first quarter of 2019 will be pivotal, as the U.S. and China are trying to deescalate a trade war and Trump will have to decide whether to hit car imports with tariffs.
China is celebrating its "Reform and Opening Up" — the process of turning the country into a market-based economy — which reaches its 40th year this week.
A trade group urged the Trump administration to hold off further opening the American market to Japanese cars until Tokyo shows it’s committed to returning the favor.
U.S. factory production expanded in October for a fifth straight month, the longest streak since 2011 and indicating a solid start to the fourth quarter, Federal Reserve data shows.