News Around the Globe
By Herzlich Volvo Cars announced plans to produce a new hybrid model in the US as its supply chain continues to feel the pressure from President Trump’s tariffs. The Swedish …
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By Zilber US President Trump slashed tariffs on Japanese cars in a sweeping trade deal that opens Tokyo’s markets to US rice and farm goods while pledging hundreds of billions …
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By Elisa Germany should look beyond a trade deal between the US and the European Union that slaps 15% tariffs on EU goods by finding new trade partners in coming …
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By Zilber Jeep and Chrysler maker Stellantis on Monday reported that US tariffs have cost the company nearly $350 million as it paused production at its North American plants and …
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By Elisa Nike said it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue …
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By Matozzo Lululemon lovers are already stretching their wallets to the limit – and now they’ve had enough. Fans and critics alike were clucking their tongues Friday after the athleisure …
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By Elisa Volkswagen is holding “fair” and “constructive” talks with the United States government on tariffs and wants to make further investments in the country, CEO Oliver Blume told German …
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By Herzlich Apple’s iPhone exports from India to the US soared dramatically last month as it scrambled to avoid President Trump’s steep tariff on Chinese imports – but the big …
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By Elisa General Motors late last week informed employees and dealers for its China export business it would stop shipping vehicles to China from the United States, the company said. The …
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By Elisa US President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs. As Trump …
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By Herzlich China has lifted its month-long ban on Boeing deliveries following the nation’s trade truce with the White House, according to a report. Beijing officials have told domestic carriers …
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By Zilber JPMorgan Chase CEO Jamie Dimon criticized President Donald Trump’s early tariff strategy as “too large, too big and too aggressive” – even as he acknowledged the broader goal …
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By Herzlich Shein and Temu are spending more on advertising in Europe – and sharply pulling back in the US – as President Trump’s tariffs effectively block the Chinese fast-fashion …
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By Elisa Ford Motor suspended its annual guidance on Monday because of uncertainty around President Trump’s tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings …
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By Herzlich Hyundai Motor revealed it has created a task force to contend with President Trump’s tariffs and shifted production of one its most popular models to the US to …
Read More By Elisa Global markets plunged Monday following last week’s two-day meltdown on Wall Street, and US President Donald Trump said he won’t back down on his sweeping new tariffs, which …
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By Elisa US stock futures opened sharply lower late on Sunday, suggesting a continuation of the two-day selloff that wiped trillions from equity values after the Trump administration’s tariffs announcement …
Read More By Herzlich Ford rolled out across-the-board discounts on multiple models on Thursday to keep shoppers coming into the showroom, hours after President Trump’s 25% tariff on auto imports kicked in. …
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By Arcand Nissan CEO Makoto Uchida suggested President Trump’s tariffs could force the car manufacturer to shift its production outside of Mexico. “From Mexico to the US, we are exporting a …
Read More By Herzlich Shein is reportedly poised to chop its valuation by billions of dollars for its anticipated London listing after President Trump ended a trade loophole that allowed the Chinese …
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