U.S. takes hard line as NAFTA talks kick off

The U.S. government isn't interested in incremental changes to the North American Free Trade Agreement and instead will pursue a major overhaul of the treaty that includes tighter rules of origin, U.S. Trade Representative Robert Lighthizer said.

UPDATED: 8/16/17 1:15 pm ET -- adds details, background
UPDATED: 8/1617 9:31 am ET -- adds details, background
Geely says it has no plan to buy FCA

Chinese carmaker Geely Automobile Holdings denied that it planned to make a takeover bid for Fiat Chrysler, following an Automotive News report this week that it was a potential suitor for the Italian company.

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