Business News

(WASHINGTON) -- President Donald Trump's broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China, a move that prompted a swift retaliation from Beijing."President Trump continues to demonstrate his commitment to ensuring U.S. trade policy serves the national interest," the White House said in a statement.Goods entering the U.S. from Mexico and Canada will carry a 25% tariff, […]

When Swedish automaker Volvo opened its proving ground in Kiruna, Sweden, 30 years ago, the mission was clear: "Making sure that our products are truly fit for the harshest of winter conditions."The remote location was ideal. Kiruna, situated about 90 miles north of the Arctic Circle, historically has long, cold winters and snow cover until mid-May. This year, Volvo engineers have been forced to postpone their annual testing or rely […]