Topic · 2 reports

Economy

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Lutnick highlights Ford Lincoln US production shift and Toyota $3.6B San Antonio expansion

Aug 16, 2026

The Fox Business segment features Commerce Secretary Howard Lutnick at Monterey Car Week discussing Section 232 auto tariffs. He highlights a Ford announcement on bringing manufacturing back to America, specifically expanding US production of Lincoln vehicles, and details Toyota's $3.6 billion San Antonio plant expansion announced earlier in July. Lutnick also references Toyota's existing US truck production in Texas and Kentucky plus overall job gains and stock performance. The sourcing centers on Lutnick's statements, with references to recent company investments and administration policy.

▶ Source: Fox Business

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Lutnick attends Century Aluminum Mt. Holly expansion ribbon cutting in South Carolina

Jul 28, 2026

Fox Business segment reports from the July 27, 2026 ribbon-cutting at Century Aluminum's Mt. Holly smelter in Goose Creek, South Carolina. Commerce Secretary Howard Lutnick highlights the plant's return to 100% capacity after prior idling, crediting tariffs for the expansion that boosts U.S. primary aluminum production by 10%. Lutnick discusses foreign government subsidies like free power undercutting U.S. producers and details a recent policy allowing committed domestic investors to face 25% rather than 50% tariffs. The report notes more producers considering U.S. investments and shows pot lines and jobs at the facility.

▶ Source: Fox Business