Business - The New York Times

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Highlights

  1. Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens

    China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.

     By Claire Fu and

    A BYD dealership in Shenzhen, China. The electric vehicle company is among the carmakers facing increasing pressure from competition.
    CreditGilles Sabrié for The New York Times
  2. Volkswagen to Exit China’s Xinjiang Region After 12 Years

    The automaker has long been criticized by human rights activists for doing business in the territory, where China has repressed Muslim ethnic groups.

     By

    Volkswagen and SAIC Motor of Shanghai built an assembly plant a decade ago in Urumqi, the capital of the Xinjiang region in northwestern China.
    CreditKeith Bradsher/The New York Times
  3. Tariff Threats Show Trump’s Commitment to Upending Global Trade

    The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.

     By

    Trucks waiting to cross into the United States in Ciudad Juárez, Mexico, on Tuesday. Many multinational producers have set up supply chains that snake between North American countries.
    CreditJose Luis Gonzalez/Reuters
    News Analysis
  4. Walmart, Once Eager to Promote Diversity, Pulls Back Amid Conservative Pressure

    Among other things, the retailer will no longer use the term D.E.I.

     By Lauren HirschEmma Goldberg and

    Walmart, like many other companies, has been reviewing its diversity, equity and inclusion practices since the Supreme Court rejected affirmative action at colleges last year.
    CreditWill Newton for The New York Times
  5. Trump’s Tariffs Would Deal a Big Blow to the Auto Industry

    Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

     By Jack Ewing and

    Many vehicles popular in the United States are assembled in Canada and Mexico, including the Chrysler Pacifica minivan, which is made in Windsor, Ontario.
    CreditRebecca Cook/Reuters

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  8. DealBook Newsletter

    Inflation is Back in Focus as Trumponomics Looms Large Over Global Trade

    Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Vivienne Walt

     
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  10. I Haul, Therefore I Am

    It is the shopping phenomenon of our times, and now it’s an Amazon store.

    By Vanessa Friedman

     
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