For U.S. and other automakers, selling a car in China has always been difficult. But this week, China announced some moves that could pave the way for new sales for some manufacturers.
President Trump begins two days of meetings with Japanese Prime Minister Shinzo Abe on Tuesday. North Korea's nuclear threat and trade are expected to dominate the discussions.
The Trump administration has published a list of Chinese exports it plans to hit with steep tariffs, in response to allegedly unfair treatment of U.S. technological know-how.
President Trump says the trade deficit that the U.S. runs with other nations must be slashed for the well-being of the country. But analysts say the deficit provides other benefits to the economy.
Trump ordered stiff new tariffs on a wide range of Chinese imports in response to what the White House calls China's unfair treatment of U.S. technology.
The Dow Jones industrial average tumbled nearly 3 percent Thursday after the Trump administration announced plans to impose tariffs on Chinese imports.
President Trump's order includes exceptions for Canada and Mexico for the time being. The plan has prompted fears of a trade war, and GOP leaders have spoken out against it.
President Trump is weighing tariffs or quotas on steel and aluminum imports. But a backlash is brewing by aerospace companies and other manufacturers, who say such moves will drive up costs.