Ben Geman Dec 7
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Demand for electric vehicles rising in 2017

"Demand for EVs has continued to rise in 2017, setting new records for purchases and vehicle model availability," according to a new report on the electric vehicle market by Securing America's Future Energy. The chart below shows the year-over-year growth of EVs and plug-in hybrids in the U.S.

Reproduced from Securing America's Future Energy analysis; Chart: Axios Visuals

Between the lines: "Although six models currently account for nearly two-thirds of sales, consumers have a fuller range of choices with 37 models available, thanks to marked declines in battery technology costs and enhanced range," per the market snapshot.

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Where Trump's steel and aluminum trade war will hit first

Note: Includes only products under the "Iron & Steel & Ferroalloy" and "Alumina & Aluminum & Processing" NAICS commodity classifications. Data: Census Bureau; Chart: Chris Canipe and Lazaro Gamio / Axios

The Trump administration has begun imposing tariffs on imports of steel and aluminum, but several countries are exempted temporarily until May 1, as shown in the chart above. The administration may still apply quotas on exempted countries to prevent a flood of foreign steel and aluminum in the U.S. market, per the White House.

Why it matters: After railroading past a number of his advisors, Trump announced the tariffs on imports of steel (at 25%) and aluminum (at 10%) earlier this month, citing national security concerns. But with the exemption noted above, the tariffs won't carry major bite, at least to start.

Alexi McCammond 5 hours ago
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Trump signs spending bill despite veto threat

Photo: Mark Wilson/Getty Images

President Trump announced that he has signed the $1.3 trillion spending bill that passed Congress last night "as a matter of national security," citing the bill's increase in defense spending, even though he threatened to veto earlier today. "My highest duty is to keep America safe," Trump said. He said he's disappointed in most of the bill.

Key quote: "I will never sign another bill like this again. I'm not going to do it again. Nobody read it. It's only hours old."