Grant Schwab

1 week ago | detroitnews.com | Grant Schwab

Washington — Economic pain tied to the auto industry and other key sectors is mounting south of the U.S. border, even as Mexican President Claudia Sheinbaum carefully navigates trade talks with the United States. "I think she's caught between a rock and a hard place," said Tony Payan, a U.S.-Mexico scholar at Rice University in Houston.

1 week ago | miamiherald.com | Breana Noble |Grant Schwab

Economists predict a spending pullback by U.S. consumers because their sentiment fell for a fourth consecutive month, plunging to its second-lowest level in more than 70 years, as back-and-forth, on-again, off-again tariffs whipsaw Americans. The 11% decrease from March in the preliminary results for April of the University of Michigan's Survey of Consumers, founded in 1946, shows that expectations for this year have been upended, said Joanne Hsu, the survey's director.

1 week ago | detroitnews.com | Breana Noble |Grant Schwab

BUSINESSBreana Noble Grant SchwabThe Detroit NewsView Comments Economists predict a spending pullback by U.S. consumers because their sentiment fell for a fourth consecutive month, plunging to its second-lowest level in more than 70 years, as back-and-forth, on-again, off-again tariffs whipsaw Americans.

1 week ago | courant.com | Grant Schwab

By Grant Schwab, The Detroit NewsWASHINGTON — U.S. Sen. Elissa Slotkin, introducing her first bill since winning election to the Senate in November, proposed a measure Thursday aimed at preventing Chinese vehicles from entering the United States. The bill, titled the Connected Vehicle National Security Review Act, would formally establish a national security review process for imports of internet-connected vehicles and components made by companies from China or other countries of concern.

2 weeks ago | detroitnews.com | Melissa Nann Burke |Grant Schwab

Washington ― Michigan House Democrats on Thursday wrote to Trump administration officials seeking information about the "sudden and seemingly arbitrary" revocations of international students’ visas at Michigan universities and other schools. The letter followed Wednesday's disclosure by the University of Michigan that the number of students and recent graduates who have recently had their visas or their right to stay in the United States revoked by federal officials had risen to 22.