World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South Korea

Amidst the threat of crippling tariffs, the popular electric-vehicle company remains committed to its evolution.

The world’s third-largest auto group is going all-in to lead the shift to electrification. With plans to pour a

U.S. President-elect Donald Trump on Monday denied a newspaper report that said his aides were exploring tariff plans that would only cover critical imports, deepening uncertainty among business leaders about future U.

President-elect has threatened nations including Canada, Mexico and China with steep duties on their products even before taking office

Donald Trump is reportedly considering declaring a national economic emergency to impose tariffs across several industries, according to CNN. Multiple sources suggest that this move would allow the president-elect to implement tariffs on both allies and adversaries using the Economic Emergency Powers Act.