Trump

Update: After this story aired, Ross’ hearing was delayed to January 18. The original audio appears above. Wilbur Ross, president-elect Trump’s pick for Commerce Secretary, is scheduled to begin his confirmation hearings next week. Ross has decades of experience as an investor in distressed companies buying  failing textile outlets and steel mills and coal mines. […]

Toyota is the latest company whose stock took a hit after the president-elect threatened to punish the carmaker for its plans to build Corollas in Mexico. Toyota’s planning to move production out of Canada, not the U.S. In any case, that makes Toyota his first foreign target for a tweet about tariffs. Michelle Krebs, a […]

Is there any hope for a manufacturing rebound in 2017? The signs haven’t looked great, with the dollar strong and strengthening. A strong dollar makes U.S. exports more expensive. Factories actually shed jobs in 2016. But manufacturers say they’re optimistic that a domestic stimulus package — the kind of infrastructure spending plan that President-elect Donald […]

Possible government shake-up could affect private industry.

Building abroad makes economic sense for U.S. automakers.

Lighthizer worked as deputy U.S. Trade Representative under the Reagan administration.