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Stellantis’ Ram brand to offer industry-leading pickup truck warranty as part of turnaround plan

Key Points

Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year.

The warranty covers the engine, transmission, transfer case, driveshafts, differentials and axles for 10 years or 100,000 miles, whichever comes first.

It replaces Ram’s current five-year or 60,000-mile warranty, which is relatively standard for full-size pickup trucks across the automotive industry.

DETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand.

The warranty covers the engine, transmission, transfer case, driveshafts, differentials and axles for 10 years or 100,000 miles, whichever comes first. It replaces Ram’s current five-year or 60,000-mile warranty, which is relatively standard for full-size pickup trucks across the automotive industry.

The new warranty comes as vehicles — especially pickup trucks — have grown more expensive in recent years, which often results in longer financing that extends far beyond the warranties of the vehicles themselves.

“Eighty-five percent of truck buyers finance for seven years or more. They keep it for 12 years because everything’s gotten more expensive,” Ram CEO Tim Kuniskis said during a media event. “But you know what hasn’t changed? No one has changed the warranty. They’re investing more and more and more money in your brand, but you’re not investing more money to protect them.”

Edmunds.com analysts report that 84-month loans for new car buyers hit an all-time high of 19.8% during the first quarter, while another 67.4% of new vehicle financing loans were between 60 months and 75 months.

Kuniskis, who’s leading the brand’s turnaround plan after unretiring in December, said he believes the new offer will help with retaining current customers, attracting new ones and potentially regaining former owners who may have left the brand in recent years.

“We think this is going to be a significant move in the right direction,” said Kuniskis, whose brand has experienced a roughly 38% sales decline since record results in 2019. “It’s going to be the best truck warranty in the business.”

Ford Motor and General Motors’ GMC and Chevrolet brands — the leading sellers of full-size pickup trucks ahead of Stellantis — as well as Toyota Motor currently offer five-year or 60,000-mile limited powertrain warranties on their gas-powered full-size pickup trucks. Some diesel models offer higher warranties.

Kuniskis said the 100,000-mile/10-year warranty offer might be extended past this year, pending acceptance and popularity among customers.

“If the reception is good, our full intention is to keep it going after the end of the year,” Kuniskis told CNBC during a recent interview.

Offering longer-term warranties can cost automakers billions of dollars if mass-produced vehicles end up having quality problems, but Kuniskis said the rewards outweighed the risks.

“Warranties always have inherent risk in them,” he said. “What we determined, though, was that the perceived value from the customer outweighs what our increased cost is going to be.”

Longer warranties also can mean customers keep their vehicles for longer, meaning fewer potential sales in the years ahead.

The limited powertrain warranty is applicable to the original owner of 2026 model-year Ram trucks and vans, including its chassis cab lineup. It includes retail purchases and leases to individuals and businesses, and excludes fleet purchases as well as its Ram Promaster electric van.

A 10-year/100,000 limited powertrain warranty isn’t unprecedented for the auto industry. For example, South Korean automaker Kia offers it across its lineup of new vehicles.
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MNS iS Motor Control Center Interface Manual MLink HW 1TGE120021 System Release V7.0

Related Documentation

MNS iS

1TGC910211 M0201 MNS iS Interface Manual MLink, Release 7.0

1TGC910111 M0201 MNS iS MLink Upgrade Kit Manual

1TGC910221 M0201 MNS iS Interface Manual Web Interface, Release 7.0

1TGC910241 M0201 MNS iS Interface Manual Profibus, Release 7.0

1TGC910251 M0201 MNS iS Interface Manual Modbus, Release 7.0

1TGC910291 M0201 MNS iS Interface Manual PROFINET IO, Release 7.0

1TGC910281 M0201 MNS iS MControl Interface Manual Profibus Direct, Release 7.0

1TGC910261 M0201 MNS iS Interface Manual Redundancy, Release 7.0

1TGC910271 M0201 MNS iS MConnect Interface Manual, Release 7.0

1TGC910001 B0204 MNS iS System Guide

1TGC910201 M0201 MNS iS Quick Guide Installation and System Setup, Release 7.0

1TGC910090 M0201 MNavigate Help file V7.0

1TGC910018 M0208 MNS iS ATEX – Enhancements for Safety

Related System Version

The content of this document is related to MNS iS System Release 7.0.

The described functions are designed but may not be fully implemented in all details. Please refer to the current system guides and release notes regarding possible restrictions.

Introduction

The system interface MLink is an industrial PC equipped with interface cards and ports required for communication internally to MControl and externally to process control systems.SIEMENS SINAMICS S120 Single Motor Module 6SL3120-1TE21-8AA4, Advanced Industrial Control Solution

Figure 1 MLink

One MLink can communicate internally with up to 60 MControl. If more than 60 MControl are required, then additional MLinks have to be used.

Hardware Types and Technical Data

The configuration of MLink depends on the selected communication protocol to the DCS. Following communication interface protocols are available:

ROFIBUS DP (-V0) and PROFIBUS DP-V1

MODBUS RTU / TCP

PROFINET IO

System functions such as MLink web interface (MView), OPC connectivity and time stamp are possible with all MLink types.

For communication to MControl a dedicated interface plug (switchgear bus connector) has to be used dependent on system configuration (redundant, non redundant system).

Software Modules

MLink contains different software modules depending on its initial configuration. The software modules are available on request.

Following software modules are available:

Web Server

OPC Server (DA & AE)

Fieldbus

Time Synchronization

Redundant Operation

If a specific module is not available on the MLink, please contact your local ABB LVS Sales organization should this be required.

Web Server

A Web Server can be activated inside MLink. Through network connection web interface information can be displayed on MView or a PC using web browser software. For details about Web Interface see the document:

MNS iS Interface Manual Web Interface.

OPC Server

With MNS iS an OPC Server (DA & AE) is available. The software is typically installed on a server as part of the automation control system. The software installation program is delivered separately. If activated, the MLink functions as a data provider for the MNS iS OPC Server. For details about OPC Server see the document:

MNS iS Interface Manual OPC Server.

Fieldbus

MLink can include Fieldbus communication to DCS. The type of Fieldbus must be selected before ordering the MLink type. The Fieldbus specific information (PROFIBUS, MODBUS etc.) can be found in the following documents:

MNS iS Interface Manual Profibus

MNS iS Interface Manual Modbus

MNS iS Interface Manual Profinet IO

Communication Interface Connection

Switchgear Network (internal)

The internal communication between MLink and MControl is via the switchgear bus. The wiring is located within the MNS iS cubicle. The bus cable is connected to the blue Sub-D 9 terminal located on the front of the MLink at the upper part of the device. The internal communication does not require any configuration.

Switchgear Control Network

MLink can be connected to a standard 10/100 Base-T Ethernet network through LAN2 interface (Switchgear Control Network). Network components are standard (COTS – commercial of the shelf) components. No specific components are required connecting MLink to the network.

Examples of connections are shown in the following figures. Additional MLink and MNS iS tools (Engineering tool MNavigate, web interface, OPC Server, Time Server) are connected to this network (see Figure 2). The cable is CAT5, connector type is standard RJ45 type.

Option 1

If the MLink is directly connected to MView or a PC with web browser a cross-over network cable is used. On the MLink, the cable has to be connected to the right Ethernet connector (LAN2), on MView the cable has to be connected to the Ethernet connector. The cable type is CAT5 cable.

Option 2

MLink connected to Switchgear Control Network providing facility to connect additional MNS iS MLink and tools (e.g. OPC Server, PC with web browser for monitoring etc.). A network switch has to be installed in the plant. MLink and MView are connected to the switch with standard CAT5 patch cable.

Option 2 allows using fewer number of MView. However, all MLink connected to the same network can display their data on all MView connected to the same network.

Time Synchronization

In the MControl Alarms and Events can be provided with a time stamp. The time and date is received on MControl from MLink via the internal switchgear bus. In order to provide the correct time and date the Time Sync option must be activated in MLink and it may require a time server in the switchgear control network.

The protocol used for time synchronization is the standard network time protocol (NTP).
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ONDULEURS SOLAIRES ABB Onduleurs centraux PVS980-58 (1818 à 2091 kVA) Manuel d’installation

Manuels de référence

Guides et manuels d’installation Code (EN) Code (FR)

PVS980-58 (1818 to 2091 kVA) central inverters

hardware manual

3AXD50000026013 3AXD50000231621

PVS980-58 (1818 to 2091 kVA) central inverters

commissioning and maintenance manual

3AXD50000046782 3AXD50000231669

Guides et manuels d’exploitation

PVS980 central inverters firmware manual 3AXD50000026271 3AXD50000250004

Guides et manuels des options

ACS-AP-x Assistant control panels user’s manual 3AUA0000085685 3AXD50000544523

Start-up and maintenance PC tool Drive composer

user’s manual

3AUA0000094606

FENA-01/-11/-21 Ethernet adapter module user’s

manual

3AUA0000093568

FSCA-01 RS-485 adapter module user’s manual 3AUA0000109533

NETA-21 Remote monitoring tool user’s manual 3AUA0000096939

Cybersecurity for ABB drives technical manual 3AXD10000492137

Sécurité lors de l’installation et de la maintenance

Électricité

Ces consignes s’adressent aux personnes susceptibles d’intervenir sur l’onduleur, ses câbles c.c. (entrée) et c.a. (sortie), le transformateur ou le générateur photovoltaïque.

Seul un électricien qualifié est autorisé à effectuer le montage ou la maintenance du variateur.

Les règles de sécurité doivent impérativement être respectées pendant l’installation, notamment le port d’un équipement de protection individuelle (EPI) : vêtements et masque résistants aux arcs électriques, chaussures de sûreté, gants de protection, dispositifs de protection pour les yeux et les oreilles. Les courants de défaut peuvent être élevés dans les installations avec des onduleurs de forte puissance. Choisissez des vêtements de protection contre les arcs électriques d’une résistance suffisante (à titre indicatif, la valeur minimale de performance exigée aux États-Unis pour ce type d’équipement est de 40 cal/cm2).

L’onduleur n’étant pas intégralement protégé contre le risque de choc électrique au niveau du générateur photovoltaïque, vous devez installer et utiliser l’appareil dans une zone de fonctionnement électrique fermée, conformément à la norme CEI/EN 62109-2 (section 4.8.3.6). Aucun dispositif de protection différentielle n’est intégré à l’onduleur.

Vous ne devez jamais intervenir sur le générateur photovoltaïque, l’onduleur ou ses câbles c.c. et c.a. lorsque l’onduleur est raccordé au réseau électrique ou au générateur photovoltaïque. Une tension peut être présente si les panneaux sont exposés à la lumière.

Avant toute intervention sur l’armoire onduleur, isolez du réseau les câbles et jeux de barres c.a. via le sectionneur du transformateur. Vous devez également isoler l’onduleur du générateur photovoltaïque au moyen de l’interrupteur de sécurité du générateur ou par tout autre moyen. Les sectionneurs ou disjoncteurs c.a. optionnels n’isolent pas du réseau électrique les câbles et bornes du circuit de sortie c.a. de l’onduleur. Les sectionneurs c.c. optionnels n’isolent pas les fusibles, câbles et bornes du circuit d’entrée c.c. de la tension c.c. fournie par le générateur photovoltaïque. Certaines zones de service restent sous tension pendant l’intervention, mais elles sont protégées des contacts indirects.

Plusieurs circuits sont sous tension : reportez-vous au schéma unifilaire

Exigences de conformité CSA : les circuits de sortie c.a. doivent être isolés de l’enveloppe. L’installation doit être équipée d’une mise à la terre c.a. lorsqu’exigé par le Code électrique canadien (CEC).

Avant toute intervention à l’intérieur de l’armoire onduleur, déconnectez ou isolez la tension d’alimentation auxiliaire de l’onduleur.

L’alimentation auxiliaire de l’onduleur peut être assurée par un dispositif externe (version standard) ou par des transformateurs auxiliaires internes. Assurez-vous que l’alimentation auxiliaire est déconnectée.

Les portes du compartiment puissance de l’onduleur sont équipées de détecteurs d’ouverture. Si une porte est ouverte en cours de fonctionnement de l’onduleur, l’onduleur déclenchera sur défaut et se déconnectera du réseau électrique. Veillez à ne pas entraver le fonctionnement de ces détecteurs.

L’onduleur ne doit pas fonctionner les portes ouvertes, même en mode localisation de défauts. Les portes protègent l’onduleur contre les arcs électriques. Même si la formation d’un arc électrique dans l’onduleur est très peu probable lorsque ses portes sont ouvertes, le port d’un EPI résistant aux arcs pourrait dans ce cas s’avérer insuffisant.

Avant toute intervention sur l’onduleur, effectuez une mise à la terre temporaire (circuits c.a. et c.c.).

Vous ne devez pas intervenir sur les câbles de commande lorsque l’onduleur ou les circuits de commande externe sont sous tension. Les circuits de commande à alimentation externe de l’onduleur peuvent être à un niveau de tension dangereux même lorsque l’onduleur est hors tension.

Les organes sous tension de l’armoire onduleur sont protégés contre les contacts directs si tous les caches en plastique et protections métalliques sont en place.

Vous ne devez procéder à aucun essai diélectrique ni mesure d’isolement sur l’onduleur ou les modules onduleurs.

L’installation doit respecter la réglementation locale (ANSI/NFPA 70, CEC, par exemple).

Le raccordement au réseau de services d’électricité peut être soumis à l’approbation des autorités locales.

Seul un électricien qualifié est autorisé à effectuer la mise à la terre.

L’onduleur et les équipements annexes doivent être mis à la terre en permanence Une mise à la terre correcte diminue aussi les émissions et perturbations électromagnétiques. Respectez les règles en vigueur sur site lors de la déconnexion de l’onduleur des circuits c.a. et c.c

La section du conducteur de terre doit être soit au moins égale à la moitié de la section du conducteur de ligne soit conforme à la réglementation en vigueur. conformément à la norme CEI 60364-5-54.

Dans le cas d’une installation à plusieurs onduleurs, raccordez chaque appareil séparément au jeu de barres de terre de protection (PE) du tableau ou du transformateur.

Veillez à ne pas former de circuits de terre et à préserver une distance d’au moins 0,5 m entre câbles de mise à la terre et câbles c.a. pour éviter les courants induits dans un circuit de terre sous l’effet du couplage électromagnétique des câbles d’alimentation.

En cas d’utilisation de câbles d’alimentation c.a. blindés, vous devez raccorder le blindage des câbles à la terre de protection (PE) pour satisfaire à la réglementation en matière de sécurité.

Ne placez pas de filtre RFI au niveau de la sortie c.a. de l’onduleur.

L’onduleur ne doit pas être branché sur un réseau en régime TN (neutre à la terre).

Sécurité électrique

Ces consignes s’adressent aux personnes susceptibles d’intervenir sur l’onduleur, ses câbles c.c. (entrée) et c.a. (sortie), le transformateur ou les modules photovoltaïques.

Préparez l’intervention. Vérifiez que vous avez bien un permis de travail. Utilisez un équipement de protection individuelle adéquat.

Identifiez clairement l’emplacement de l’intervention et les équipements. Vérifiez la présence d’une issue de secours en cas d’urgence.

Déconnectez toutes les sources de tension et vérifiez que toute reconnexion est impossible. (Les sectionneurs n’assurent pas tous une protection suffisante contre les surtensions.)

Déconnectez l’onduleur de l’alimentation c.a. (via un sectionneur ou disjoncteur normalement présent sur le côté HT du transformateur principal), les sectionneurs ou disjoncteurs c.a. optionnels de l’onduleur ne garantissant pas l’absence de tension dans les jeux de barres c.a. de l’appareil (a).

Déconnectez l’onduleur de l’alimentation c.c. (via les commutateurs c.c. habituellement présents sur les coffrets de jonction des groupes photovoltaïques ou sur le coffret de regroupement c.c.), les sectionneurs c.c. optionnels de l’onduleur ne garantissant pas l’absence de tension dans les jeux de barres ou fusibles c.c. (b) de l’onduleur.

Déconnectez toute éventuelle ASI ou alimentation externe auxiliaire (c).

Vérifiez qu’aucune reconnexion n’est possible. Verrouillez tous les sectionneurs en position ouverte et fixez-y un avertissement (signalisation de condamnation).

Après déconnexion de l’onduleur, attendez au moins 5 minutes pour permettre aux condensateurs de se décharger

Vérifiez l’absence effective de tension à l’aide d’un Vérificateur d’Absence de Tension (VAT) avec une tension nominale de 1500 V c.c. et une tension de tenue minimum de 3000 V c.c. (dans certains rares cas de défaut, la tension présente sur la borne c.c. peut atteindre le double de la valeur nominale). Le détecteur doit être dimensionné pour fonctionner en extérieur et disposer d’une fonctionnalité d’auto-test garantissant son bon fonctionnement. Attention aux conditions météorologiques ambiantes : vous ne devez pas prendre de mesure en présence d’humidité. N’utilisez pas de multimètre.

La tension entre les bornes de sortie c.a. de l’onduleur (L1, L2, L3) et le jeu de barres de mise à la terre (PE) doit être proche de 0 V. Mesurez la tension entre chaque phase ainsi qu’entre les phases et la terre.

La tension entre les bornes UDC+ et UDC- du module de puissance de l’onduleur et le jeu de barres de mise à la terre (PE) doit être proche de 0 V.

La tension entre les bornes d’entrée c.c. (DC+ et DC-) et le jeu de barres de mise à la terre (PE) doit être proche de 0 V.

Procédez à la mise à la terre provisoire. Avec une pieuvre de mise à la terre temporaire, raccordez à la borne PE les jeux de barres c.a et c.c. dans les deux compartiments c.c. La pieuvre doit résister au moins au courant de court-circuit de l’alimentation c.a. ou c.c. Plusieurs dispositifs de mise à la terre temporaire peuvent être nécessaires pour obtenir ce résultat côté c.a. La fourniture inclut parfois des bornes sphériques de mise à la terre de 25 mm.

Les câbles de mise à la terre temporaire doivent être dimensionnés pour supporter le courant présumé du système tant que le dispositif de protection en amont n’a pas neutralisé le courant de défaut. Ils doivent être fermement attachés aux jeux de barres ou au châssis car les forces du courant de court-circuit peuvent provoquer des mouvements intempestifs de ces câbles.

Vous devez protéger les éléments sous tension du site d’intervention contre les contacts de toucher. Prenez des précautions particulières si vous travaillez à proximité de conducteurs dénudés.

Demandez un permis de travail au responsable de l’installation électrique.

Une fois le travail achevé, vérifiez que l’intérieur de l’onduleur est propre et qu’aucun outil n’a été oublié dans l’appareil ; retirez la mise à la terre temporaire et informez la personne responsable de la fin de l’intervention. Après vous être assuré que l’appareil peut être mis sous tension, fermez toutes les portes de l’onduleur et fermez les sectionneurs. Tenezvous à une certaine distance de l’onduleur à la remise sous tension. Vérifiez également la présence d’une issue de secours en cas d’urgence.
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Triconex® Product Alert Notice #25-Potential Safety Issue

Invensys has reviewed the issue described in this Product Alert Notice and determined that, if no action is taken to resolve the issues described in this notice, there is a potential risk of harm to people, property, and/or the environment. Third-party integrators and distributors of Triconex® systems need to notify their end-user customers of this issue. All end-users should immediately review and analyze the impact of this issue to their applications. If this issue is found to be applicable, remedial actions should be taken to ensure the continued safe operation of affected systems.

Subject: Possible Spurious Output Transitions on the Tricon 3625 24V Digital Output Modules

Affected Products

The following modules used in TriconTM system versions 10.2.0-10.2.5, 10.3.0-10.3.3, 10.4.0-10.4.3, and 10.5.0-10.5.2 are affected:

• Model 3625 24V Digital Output Module

• Model 3625A 24V Digital Output Module

• Model 3625N 24V Digital Output Module

Problem Description

When pOints 1, 2, 17, and 18 on an affected module are ALL commanded OFF, one or both of the following issues may occur:

1. In the presence of specific output voter faults, a point on an affected module may transition to the opposite of the commanded state for as long as 227 milliseconds.

This issue has not been reported in the field.

2. When a Tricon controller is operated with a hot-spare Model 3625/A/N module installed, multiple output points on the affected modules may simultaneously transition to the opposite of the commanded state. The duration of the output transitions can last as long as 227 milliseconds.Schneider TSX3721101 Modular Base Controller Module

Affected modules with all points commanded OFF are immune to these transitions.

This issue has been reported in the field only on affected modules where a hot-spare module is also installed in the slot, AND pOints 1, 2, 17, and 18 are all commanded OFF.

Background

Investigation of the problem discovered an initialization error in the output register circuitry. The output register is periodically reset by the watchdog timeout diagnostic routine.

When an output register watchdog reset occurs, the register may not be immediately re-initialized to the correct commanded values. When a watchdog timeout diagnostic routine runs on a second channel before the first channel has completely recovered from its watchdog diagnostic routine, then spurious output transitions are possible.
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Southwest’s bag fees and other changes could backfire, Fitch warns

Key Points

Southwest Airlines last month said it will start charging customers to check bags in May.

Fitch warned that the policy change and other moves could weaken Southwest’s competitive position.

The ratings agency put the carrier on “negative” outlook, saying the company could become less financially conservative.

 

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. 
 

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images)

John J. Kim | Chicago Tribune | Getty Images

Southwest Airlines’ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday.

Southwest is reversing its decades-old two “bags fly free” policy for checked luggage in May, though there are exceptions for travelers with a Southwest credit card, elite frequent flyer status or who buy the highest classes of tickets.

It is also launching assigned seating and a no-frills basic economy fare and said flight credits will expire.

Fitch issued a negative ratings outlook for the company, long known for its strong balance sheet, because “Southwest may shift to a less conservative capital allocation and financial policy, while ongoing strategic changes have the potential to impact its competitive position relative to network carriers.

“Items aimed at improving profitability such as the introduction of bag fees and expiring flight credits risk eroding Southwest’s competitive strengths relative to peers,” Fitch said.

Social media posts from Southwest, even if they’ve been unrelated to policy changes, have drawn angry comments about the shifts, but market share loss, if any “is uncertain,” the firm noted.

Southwest declined to comment on Fitch’s new outlook. The airline has been under more intense pressure to improve margins since activist hedge fund Elliott Investment Management took a stake in the carrier and later won five board seats in a settlement last year.
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Russia: We will prepare as much oil as China needs

According to a report by TASS on April 12, Russian Deputy Foreign Minister Andrei Rudenko said that Russia is ready to deliver as much oil as China needs.

Regarding the question of whether China will buy more Russian oil if the US oil supply to China drops to zero, Rudenko replied: “I think China’s actions will first be based on its own national interests. If the national interest requires the purchase of oil, China will certainly do so. This is the choice of our Chinese friends.”

According to reports, experts believe that if the current tariff rate is maintained, US crude oil exports to China may drop to zero in the coming months. As China imposes tariffs on US goods, it will be unprofitable for Chinese refineries to process US crude oil.

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Trump: Negotiations with China are crucial

According to a report on the Russian Satellite News Agency website on April 13, US President’s special envoy Richard Grenell said that Trump believes it is crucial to negotiate with China to find a way out of the trade confrontation.

According to reports, Grenell said on the Fox News Channel program that Trump is a “master of negotiation, but to negotiate, you must talk.” In addition, Grenell firmly believes that Trump “believes in peace agreements.” He said on the show: “We have just gotten rid of the situation where (former President) Biden did not talk to (Russian leader) Putin for more than three years.” Trump previously signed an executive order on the so-called “reciprocal tariffs” on goods imported from other countries and raised the tax rate several times. In response to the so-called “reciprocal tariffs” of the United States, China has successively issued a number of countermeasures. On April 11, the Tariff Commission of the State Council of China issued an announcement stating that from April 12, the tariff rate on imported goods originating from the United States will be increased from 84% to 125%. It also pointed out that given that at the current tariff level, there is no market acceptance of US goods exported to China, if the United States continues to impose tariffs on Chinese goods exported to the United States, China will ignore it. Regarding the issue of US tariffs, a spokesperson for the Chinese Ministry of Foreign Affairs said that there are no winners in tariff wars and trade wars. China is unwilling to fight, but it is not afraid of fighting. If the United States really wants to solve the problem through dialogue and negotiation, it should stop exerting extreme pressure and acting recklessly. Any dialogue must be based on equality, respect and reciprocity. If the US insists on launching a tariff war or a trade war, China will fight to the end.
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Many Asian countries responded to “Trump’s tariff suspension”: the remaining tariffs are still a problem

Cailian News Agency, April 10 (Editor: Shi Zhengcheng) Many Asian governments and industry associations, including ASEAN, Japan and South Korea, welcomed the fact that US President Trump urgently postponed some “reciprocal” tariffs under pressure, but also warned that a large number of “Trump tariffs” that are still in effect will continue to prolong the uncertainty faced by regional companies and financial markets.

As a background, Asia, as the global manufacturing center, has been the focus of Trump’s “reciprocal tariffs”. Cambodia and Vietnam face reciprocal tariffs of 49% and 46% respectively, Thailand and Indonesia face tariffs of more than 30%, and Japan, South Korea and Malaysia are also subject to additional tariffs of more than 20%.

Even after the policy was withdrawn on Wednesday, the United States still imposes a general “reciprocal” tariff of 10% on most trading partners. Also in effect are steel, aluminum, and automobile tariffs, as well as a 125% tariff on China. Therefore, according to estimates, the current average tariff rate in the United States will still reach nearly 24%, while it was only about 2% when Trump took office.

ASEAN strongly criticizes Trump’s tariffs

On Thursday local time, ASEAN economic ministers held a video conference and issued a statement after the meeting, collectively criticizing Trump’s policies sharply.

The statement said that these tariffs will disrupt regional and global trade, as well as investment flows and supply chains, and affect economic security and stability, affecting the livelihoods of millions of people in the region, hindering the economic progress of ASEAN, especially the less developed economies, and ASEAN’s economic and trade relations with the United States.

ASEAN ministers also reiterated their support for a predictable, transparent, free, fair, inclusive, sustainable and rule-based multilateral trading system with the World Trade Organization at its core, and recognized the key role played by the WTO in promoting global economic growth.

Malaysian Minister of International Trade and Industry Zafrul, who chaired the meeting, also said when the ministers discussed the trade war: “The only certainty about Trump’s tariffs is uncertainty.”

Zafrul also said in an interview with the media on the same day that although ASEAN countries welcomed Trump’s suspension of higher tariffs, the 10% base tariff and the current 125% tariff on China will still affect the global economy and trade, including Malaysia. This volatility poses a major challenge to ASEAN economies.

Nasir Razak, chairman of the ASEAN Business Advisory Council, also warned against the current progress. He said: “Great uncertainty remains, making it difficult for companies to cope. Given the uncertainty and extreme volatility in recent days, financial markets will remain tense. We urge the United States to make the parameters of the upcoming tariff negotiations as clear as possible.”

Ken Loo, secretary-general of the Cambodian Textile, Garment, Footwear and Travel Goods Association, also lamented that there are no rules at all for international trade at present – it may change every day.

He said: “(The extension) is a relief for most garment industry headquarters, but there is still a 10% reciprocal tariff, which was not there a week ago. So today’s relief is relative to yesterday, but the situation may change again tomorrow.”

Chris Humphrey, executive director of the EU-ASEAN Business Council, also criticized Trump’s policies for “causing serious damage to markets and companies.” Humphrey complained: “The implementation of tariffs is bad enough, and the changing rates and schedules make it more difficult for companies to plan effectively. This has led to instability, which is not good for the global economy and for economies that rely extensively on trade, such as Southeast Asian countries.”

Progress in negotiations

Meanwhile, Vietnam, Japan and South Korea have already started contacts with the Trump administration and sent back news from the first scene.

According to the official Vietnam News Agency, Vietnamese Deputy Prime Minister Hu Defu visited Washington on Wednesday and met with U.S. Trade Representative Jamison Greer. Hu Defu said that the United States’s high tariffs on Vietnamese exports are inconsistent with the mutually beneficial economic and trade relations between the two countries and are inconsistent with the spirit of the Vietnam-U.S. comprehensive strategic partnership.

As a result of the talks, the two sides agreed to launch negotiations on a “reciprocal” trade agreement. Influenced by this news, Vietnam’s benchmark VN index rose 6.77% on Wednesday, the largest single-day increase since 2001.

South Korean Minister of Trade Chung In-gyo, who was also visiting Washington, also said that the current suspension was a “positive” development, but the South Korean government was also worried that the current tariffs would still bring shocks.

At the same time, Japan, which was repeatedly mentioned by Trump and Bessant as “the forefront of the negotiating countries”, has not yet set off for its chief tariff negotiator, Ryomasa Akasawa. He told the media on Thursday that he would leave for the United States as soon as possible.

Akazawa also stressed that the 90-day suspension will not change Japan’s position on US tariffs. Japan still faces a 10% tariff, and its most important automotive industry is also subject to a 25% tariff. Japan will continue to seek a reassessment of these measures by the United States.
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China’s Ministry of Commerce: The door is open for negotiation and we will fight to the end

China News Service, Beijing, April 10 (Yin Qianyun) Regarding whether China will negotiate with the United States on tariffs, He Yongqian, a spokesperson for the Ministry of Commerce of China, responded 10 days ago that China’s position is clear and consistent: if you want to talk, the door is open; if you want to fight, we will fight to the end.

On April 10, the Ministry of Commerce of China held a regular press conference in Beijing. Regarding whether China will start negotiations with the United States on the issue of tariffs, spokesman He Yongqian responded that China’s position is clear and consistent. If you want to talk, the door is open, but the dialogue must be conducted on the basis of mutual respect and in an equal manner. If you want to fight, China will also accompany you to the end. Pressure, threats and blackmail are not the right way to deal with China. Photo by Zhao Jun, a reporter from China News Service

On the same day, a reporter asked at the press conference: US President Trump said that China hopes to reach an agreement, but does not know how to start. After the tariffs were imposed again on the 9th, has China started negotiations with the United States?

He Yongqian said that China’s position is clear and consistent. If you want to talk, the door is open, but the dialogue must be conducted on the basis of mutual respect and in an equal manner; if you want to fight, China will also accompany you to the end. Pressure, threats and blackmail are not the right way to deal with China. It is hoped that the United States and China will meet each other halfway and properly resolve differences through dialogue and consultation in the spirit of mutual respect, peaceful coexistence and win-win cooperation.

He Yongqian said that China is willing to properly resolve differences with the United States through equal dialogue and consultation on the basis of mutual respect. But dialogue is principled and consultation has a bottom line. The United States should correct its wrong practices and create an atmosphere and conditions for equal dialogue and consultation between the two sides.

As to whether China will continue to impose higher tariffs on American products, He Yongqian emphasized that there are no winners in a trade war and no way out for protectionism. If the United States insists on its own way, China will fight to the end. China will never accept the extreme pressure and bullying behavior of the United States, and will take resolute and forceful measures to defend its legitimate rights and interests. (End)
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Chinese EV giant BYD expands in Europe with premium brand launch

Key Points

Chinese electric car giant BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.

The first model, the Z9GT, is set to arrive in European showrooms in the fourth quarter of 2025, BYD said Wednesday around Brera Design Week in Milan.

BYD initially formed the Denza brand in 2010 with Daimler, now the Mercedes-Benz Group.

The new BYD Denza Z9 GT electric car, Hong Kong, China. (Photo by: Bob Henry/UCG/Universal Images Group via Getty Images)

A BYD Denza Z9 GT electric car on display in Hong Kong in February 2025.

Ucg | Universal Images Group | Getty Images

BEIJING — Chinese electric car giant BYD is pushing ahead into Europe, launching its premium Denza brand in the region despite rising trade tensions.

The first model, the Z9GT, is set to arrive in European showrooms in the fourth quarter of 2025, BYD said Wednesday during Brera Design Week in Milan. The company did not specify prices or a delivery date for the station wagon-type car.

The Z9GT for Europe will come in both battery-only and plug-in hybrid versions, BYD said.

BYD already sells electric cars in Europe. The company initially formed the Denza brand in 2010 with Daimler, now the Mercedes-Benz Group. The sub-brand was revamped in 2021 and sells cars in China, with the German automaker reducing its equity interest to 10%.

The European Union last year announced 17% duties on imports of BYD battery electric vehicles over claims of “unfair” production subsidies. Last month, Chinese and EU officials discussed issues related to the electric car supply chain during a meeting in Beijing.

The second Denza model for Europe will be a seven-seat multi-purpose vehicle called the D9, BYD said, without specifying a delivery date.

“We’re thrilled to be introducing Denza to European customers, starting here in Milan and accelerating as 2025 progresses,” Stella Li, executive vice president at BYD, said in a statement.

Surging overseas sales

BYD has ramped up its overseas sales since late 2022. In the first quarter of this year, the company said it sold more than 206,000 cars outside China, more than double that of the year-ago period and already reaching roughly half of the number of cars it sold overseas last year.

The automaker’s first-quarter revenue grew by at least 86% from a year ago to 8.5 billion yuan ($1.2 billion), according to a filing on Tuesday.

BYD noted “substantial growth” in its international sales as it achieved record new energy vehicle sales in the first quarter, with 986,098 passenger cars sold. The Chinese automaker no longer makes traditional fuel-powered passenger cars.

Most of BYD’s cars target a lower price segment than that of Tesla, and the Chinese company overtook Elon Musk’s automaker in total sales last year.

BYD also sold more battery-only passenger cars in the first quarter, with sales of 416,388 units — more than Tesla’s 172,754 vehicles sold in China during that time, according to delivery numbers published by the China Passenger Car Association.
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Trump ‘not happy’ with Boeing Air Force One delays, but airlines growing optimistic

President Donald Trump has expressed displeasure in recent days about the long wait for two Boeing 747s to serve as the new Air Force One aircraft.

The planes are years behind schedule for delivery. Trump signed a $4 billion contract for the planes during his first term, and it’s unclear if they will be ready during his current term. Cost overruns have totaled more than $2 billion so far.

Boeing CEO Kelly Ortberg reiterated Thursday that Trump adviser Elon Musk is working with Boeing to get the planes delivered faster.

“The president is clearly not happy with the delivery timeline. I think he’s made that very clear,” Ortberg said at the Barclays Industrials Conference. “Elon Musk has actually been very helpful to us in terms of meeting the requirements … helping us work through those non-value-added constraints so that we can move more quickly and get these airplanes delivered to the president.”

Ortberg praised Musk as a “smart guy” who “is able to very quickly identify the difference between a technical requirement and a hurdle that we can get around.” Musk is the CEO of SpaceX, which competes with Boeing’s defense and space division.

Trump told reporters on Wednesday aboard a 747 presidential jet he’s currently flying that he was considering other options.

“We might buy a plane, or buy a plane, or something,” Trump said, according to Reuters, who toured a 747 parked at Florida’s Palm Beach International Airport over the weekend, according to the outlet.

The White House did not immediately respond to a request for comment.

Disappointment is nothing new for Boeing’s airline customers, who faced long delays at the start of the post-pandemic travel boom. A near-catastrophic blowout of Boeing’s door plugs in January 2024 further slowed deliveries and prompted a leadership change.

Now, some customers are starting to become more optimistic. Executives told CNBC that the manufacturer appears to have turned a corner after Ortberg took over in August.

“Boeing has done a pretty good job of turning things around and becoming a more reliable supplier,” United Chief Financial Officer Mike Leskin said at the same Barclays conference on Wednesday. “In my time at United, our confidence in on-time MAX deliveries has never been stronger.”

Bob Jordan, CEO of all-Boeing 737 carrier Southwest, said on a Jan. 30 earnings call: “While they still have a lot of work to do, they appear to be on the right path and we feel more optimistic.”

Boeing’s Ortberg said at the Barclays conference on Thursday that he doesn’t see any supply chain issues that would prevent the manufacturer from increasing production of its best-selling cash cow 737 Max aircraft to 38 per month in the coming months.
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