financetom
Business
financetom
/
Business
/
Faraday Future Intelligent Electric Sees Reciprocal Trade Policy as 'Opportunity' for Domestic Producers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Faraday Future Intelligent Electric Sees Reciprocal Trade Policy as 'Opportunity' for Domestic Producers
Apr 4, 2025 1:52 AM

04:34 AM EDT, 04/04/2025 (MT Newswires) -- Faraday Future Intelligent Electric ( FFAI ) said early Friday the reciprocal tariff policy represents an "opportunity" for US-based automakers.

With almost 50% of new vehicles sold in the US currently being imports, the California-based electric mobility company said it will benefit from shifting demand toward vehicles manufactured domestically.

Faraday said its supply chain will, as planned, substantially be sourced domestically, further "enhancing resilience and efficiency. " The trade policy changes will "accelerate its mission" of delivering artificial intelligence electric vehicles.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--L3Harris Technologies Keeps Quarterly Dividend at $1.16 Per Share; Payable Dec. 6 to Holders of Record Nov. 18
--L3Harris Technologies Keeps Quarterly Dividend at $1.16 Per Share; Payable Dec. 6 to Holders of Record Nov. 18
Oct 17, 2024
02:06 PM EDT, 10/16/2024 (MT Newswires) -- Price: 247.21, Change: +1.91, Percent Change: +0.78 ...
Barrick Sees Stable Gold Output In Q3, Prepares For Stronger Q4
Barrick Sees Stable Gold Output In Q3, Prepares For Stronger Q4
Oct 17, 2024
Barrick Gold Corporation ( GOLD ) shares are trading lower on Wednesday. The company reported preliminary third-quarter production metrics. The company sees production of 943,000 ounces of gold and 48,000 tonnes of copper and preliminary sales of 967,000 ounces of gold and 42,000 tonnes of copper. Barrick anticipates a significantly stronger fourth quarter, aiming to meet its full-year production guidance for...
What's Going On With Micron Technology Stock Wednesday?
What's Going On With Micron Technology Stock Wednesday?
Oct 17, 2024
Micron Technology, Inc. ( MU ) shares are trading higher on Wednesday as some stocks in the chip sector rebound from Tuesday’s drop. The company also unveiled its new clock driver, the DDR5 memory portfolio. What To Know: Micron announced its DDR5 memory portfolio, designed to fuel a new wave of AI PCs. The company introduced two clock driver memory...
Bright Minds Biosciences Says BMB-201 Had Similar Efficacy to Morphine in Preclinical Pain Models
Bright Minds Biosciences Says BMB-201 Had Similar Efficacy to Morphine in Preclinical Pain Models
Oct 17, 2024
01:59 PM EDT, 10/16/2024 (MT Newswires) -- Bright Minds Biosciences ( DRUG ) said Wednesday that its BMB-201 proprietary compound showed similar efficacy to morphine in preclinical pain models. Higher doses resulted in significant therapeutic effect, with female rodents experiencing improved pain relief and guarding behavior, the company said. The company said it plans to advance BMB-201 into clinical trials...
Copyright 2023-2026 - www.financetom.com All Rights Reserved