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Tag Archives: Trump Administration
January U.S. International Trade Deficit Sets Record
This was the highest on record, and is the beginning of a rerun of the previous Trump Administration’s economic mishaps. January exports were $269.8 billion, $3.3 billion more than December exports. January imports were $401.2 billion, $36.6 billion more than December imports.
The January increase in the goods and services deficit reflected an increase in the goods deficit of $33.5 billion to $156.8 billion and an increase in the services surplus of $0.2 billion to $25.4 billion. Continue reading
Posted in economy, news analysis, Trump Truth Tests
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, January 2025 U.S. International Trade Deficit, Ken Zino, Trump Administration, U.S. Bureau of Economic Analysis, U.S. Census Bureau, X @KenAutoinformed
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Trump Declares COVID-19 National Emergency
This means that he is correcting or allowing to come about what were his previous misstatements this week. Continue reading
Lies and Deflections Worth Noting on Virgin Islands & Puerto Rico from Bureaucrats Doing Nothing to help U.S. Citizens
“We are dying, and you are killing us with the inefficiency, and the bureaucracy,” San Juan Mayor Carmen Yulín Cruz said Friday at a news conference. She highlighted donations from companies and others, including 200,000 pounds of food donated by Goya, as a contrast to federal help. Continue reading
McKinsey on EVs – China Most Advanced Region by Far
Electric vehicles (EVs) are increasing market share, cars are becoming more connected, and autonomous vehicles are gradually starting to appear on more streets worldwide. However, the transition to new technologies has not been without challenges and kinks, especially with consumer sentiment in the EV sector, according to the Annual Mobility Survey by the respected McKinsey & Company consultancy. Respondents came from China, Europe, and the United States. The 2025 survey released today is ongoing. It will eventually include respondents from nine countries [an unknown number of which Trump wants to takeover – AutoCrat].
“After rising rapidly for years, EV sales growth has slowed in many regions. Meanwhile, new competitors, especially those from China, are entering the EV market and attracting attention by offering innovative and technologically-sophisticated vehicles that are often more affordable than offerings from incumbents,” according to the detailed, multi-sourced McKinsey analysis.* Continue reading →