Trump Tariffs Cost Global Automakers $12B, Losses Mount
Fourteen major automakers worldwide have collectively lost nearly $12 billion since the implementation of U.S. President Donald Trump’s expanded trade […]
Tariffs
Trump Demands Intel CEO Resign Over China Ties, Security Concerns
Former U.S. President Donald Trump has called for the immediate resignation of Intel CEO Lip-Bu Tan, citing concerns over the
Trump’s Reciprocal Tariffs Target 70 Nations with Up to 41% Duties
The United States has implemented a new wave of country-specific tariffs affecting nearly 70 trade partners, effective as of midnight
BRICS Mulls Joint Response to US Tariffs as Brazil’s Lula Slams Unilateralism
Brazilian President Luiz Inácio Lula da Silva has called for coordinated action among BRICS nations to counter recently imposed U.S.
Brazil Challenges US Tariffs at WTO Over Trump Trade Dispute
Brazil has formally requested intervention from the World Trade Organization (WTO) to challenge steep new tariffs imposed by the United
Trump’s Tariffs and Immigration Curbs Edge US Economy Toward Recession: Experts
Moody’s chief economist Mark Zandi has issued a stark warning that recent U.S. economic policies under President Donald Trump risk
US-Swiss Trade Deal Collapses; Trump Sets 39% Tariffs, 4x Higher
Swiss officials were blindsided by a sudden escalation in trade tensions with the United States after President Donald Trump imposed
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
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