Heena Sharma Blog

Ford Motor is considering making its new electric Mustang Mach-E in China, depending on how the trade war between Washington and Beijing plays out, CEO Jim Hackett said. “ We need to determine whether the tariffs are settled. And it would be great” if they were settled, Hackett told Bloomberg after a launch event for the car in Los Angeles. “We have a plan to build there if we have to.” In an earlier interview with Bloomberg TV, Hackett said he believed there would be good demand for the car in China. “I’m smiling because China has got a mandate for electrification, so the Mach-E has a role in that,” he said. While Ford is building the Mach-E in Mexico, Hackett said the company employs more workers in the US than its competitors. Read More

As Chinese President Xi Jinping prepares for one of the most important meetings of his seven-year rule, he appears to have Donald Trump on the brain--even if he won’t say so directly. In conversations with other leaders ahead of his sit down tomorrow with the U.S. president on the sidelines of the Group of 20 summit in Japan, Xi spared no opportunity to paint the U.S. as the bad guy in China’s spiraling trade conflict, while avoiding the provocative step of naming Trump personally. In remarks to African leaders this morning, Xi took a not-so-subtle swipe at Trump’s policy slogan, "America first." Warning against "bullying practices," Xi said that “any attempt to put one’s own interests first and undermine others’ will not win any popularity.” Xi then used remarks on the digital economy to call for a "fair and equitable market environment" and the "completeness and vitality of global supply chains." It comes as Trump singles out Chines...