BMW’s Profit Plunge: Impact of US Tariffs, Competition
German Auto Industry Braces for Turbulence as Profits Plunge In a blow to Europe’s automotive powerhouse, German vehicle giant BMW […]
Tariffs
US-SK Trade Deal: 15% Tariff, $350B Investment Mirrors EU Pact
The United States and South Korea have finalized a trade agreement featuring a 15% tariff on Korean imports, alongside substantial
German Carmakers Lose €10B to US Tariffs Amid EU Deal Backlash
Germany’s auto industry faces a €10 billion ($11.6 billion) blow to cash flow in 2023, driven primarily by U.S. trade
Meloni Supports EU-US Trade Pact Despite Italian Critics’ Warnings
Italian Prime Minister Giorgia Meloni has endorsed a newly negotiated EU-U.S. trade agreement imposing a 15% baseline tariff on most
Bessent Slams Fed Over Trump Tariff Critique, Demands Central Bank Review
U.S. Treasury Secretary Scott Bessent has amplified calls for a sweeping review of the Federal Reserve, arguing the central bank’s
Trump’s Tariffs on African, Caribbean Nations Spark WTO Warning
The United States is poised to significantly escalate tariffs on imports from smaller nations, with several African and Caribbean countries
Trump Threatens 10% Tariff on Countries Doing Business with BRICS
US President Donald Trump has issued a stern warning to countries around the world, threatening to impose an additional 10%
Senegalese PM Warns of Eroding International Norms as Global Power Dynamics Shift
The world is witnessing a significant shift in international relations, with powerful countries increasingly imposing their own rules, eroding established
US Prepares to Impose Tariffs of Up to 70% on Dozens of Countries Amid Looming Trade Deal Deadline
The United States is gearing up to impose tariffs of up to 70% on dozens of countries as the deadline
Canada shelves digital tax on US tech giants to revive trade talks with America
In a significant move to salvage trade negotiations with the US, Canada has decided to shelve its plans to impose