The article discusses the possibility and challenges of banning American brands in India amid calls for a Swadeshi movement, highlighting that an official ban is unlikely due to the widespread availability of foreign products and the franchise model of foreign food chains, while also noting the political and economic implications of such actions.
U.S. tariffs on Indian goods have sparked calls for a boycott of American brands in India, fueled by anti-American sentiment and nationalist campaigns, as Indian consumers and groups advocate for supporting local products amidst ongoing trade tensions.
Stellantis has promoted Tim Kuniskis to oversee all American brands and marketing in North America, while he remains CEO of Ram. The company is also reviving the SRT performance division, which will focus on high-performance vehicles and motorsports, and launching 25 new Ram products over the next 18 months, including the return of V-8 Hemi engines in 2026.
The Fall-Winter 2024 menswear shows in Paris featured the return of Balmain Homme, Givenchy's new collection, and the runway debut of 032c. Footwear took center stage with a high fashion upgrade of Timberland's iconic yellow boots at Louis Vuitton and Wales Bonner, while Dior Homme showcased ballet-inspired flats. The collections celebrated the new face of Americana, reinterpreted American prep, and reimagined the stereotypical American Western wardrobe. Additionally, designers offered ways for men to leave sneakers behind with more formal footwear options.
Several iconic American brands, including General Electric's appliance division, Budweiser, Burger King, 7-Eleven, Trader Joe's, Jeep, Frigidaire, and Ben & Jerry's, are actually owned by international companies. These acquisitions highlight the globalization of business and the presence of foreign ownership in well-known American brands.
The US Treasury Department has limited the list of electric vehicles eligible for a $7,500 consumer tax credit to American-built cars made with battery components from the US or its trading partners. Only 10 electric and plug-in hybrid vehicles qualify for the full tax credit, including Tesla's Model Y and Model 3 and the Chevrolet Bolt. The move is part of the Biden administration's efforts to promote EV adoption and build a domestic supply chain. The winners are American brands like Tesla, GM, and Ford, while foreign brands like Hyundai, Kia, Nissan, and Volkswagen are the losers.