China shipbuilders rip Trump’s ‘short-sighted’ US port fees

BEIJING (Reuters) -China’s shipbuilders on Saturday blasted as “short-sighted” U.S. port fees announced by President Donald Trump’s administration on China-linked ships, a measure aimed at the nation’s shipbuilding industry. Trump signed an order on Wednesday aimed at reviving U.S. shipbuilding and reducing China’s grip on the global shipping industry. His government the next day watered…

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Exclusive-Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say

By Abhirup Roy, Aditi Shah, Hyunjoo Jin SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) -Tesla’s long-awaited plans for an affordable car include a U.S-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been delayed, three sources with knowledge of the matter told Reuters.  Tesla has promised affordable vehicles beginning in the…

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