Honda lowered its global EV sales ratio projection for 2030 to 20% from its previous target of 30%. It also said it canceled the development of some EV models, because the EV market was changing.
Despite lifting the tariffs, the executive order makes clear the relief is conditional. India, however, has not endorsed Trump’s claim that it will cease purchases of Russian energy.
South Africa's Ministry of Trade and Industry said the agreement would start negotiations over a deal that would give some South African goods, such as fruit, duty-free access to the Chinese market.
