The proposed levies range between 7.8% on imported Teslas made in China to as much as 45% for some Chinese automakers.

A strike at U.S. East and Gulf Coast ports enters its third day, with talks between the ILA and USMX remaining fraught.

The purchase will make DSV the world’s largest freight-forwarder and turn it into Denmark’s second-largest company by revenue.

Helene is already one of the deadliest mainland storms in the history of the U.S., with more than 100 people killed in the days since it first made landfall. 

The ILA has said that the most recent offer from the USMX "fails to address the demands of our members adequately."

The vote among the bloc’s member states was delayed in the wake of last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.

Aston Martin now expects to make 1,000 fewer cars in 2024 than it had originally projected for the year, while sales are projected to come in below 2023's totals.

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