Cars travel by barge. Photo: Sean Gallup/Getty Images

Imported Ford Motor Company cars are being held up at Chinese ports, reports Reuters, citing three sources familiar with the situation.

Why it matters: It's a sign that escalating trade tensions between the U.S. and China are pushing Beijing to increase scrutiny of American imports.

The details: Sources told Reuters that "Ford cars and those of its premium Lincoln brand were facing unusual delays at customs, with officials asking for extra technical checks."

  • "Two of the people said U.S.-made models of some German carmakers, mainly SUVs, being brought into China, were also affected."

It's not just cars:

  • Bloomberg reported that the Chinese are not buying American soybeans amid the trade fight.
  • Reuters reported Tuesday that "China had ramped up inspections of pork shipped from the United States, after the country’s customs agency said it would step up quarantine checks on American apples and logs."

Go deeper: Washington and Beijing laid out their trade demands last week

Go deeper

Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.

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