News

Volkswagen stung by tariffs, but trade deal based on US investments may be coming
German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...
Both targets of Trump’s tariffs, the EU and China still can’t get along
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could ...
Volkswagen suffers $1.5 billion loss from Trump's tariffs
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S.
EU Officials: European framework trade deal with US could happen this weekend
Citing European Union (EU) officials and diplomats, Reuters reported on Friday that the EU and the United States (US) could ...
Experts say Trump's 30% tariff on European wines could hurt US consumers, companies
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...
Europe's central bank to hold off on another rate cut until it knows how bad the tariff blow will be
The European Central Bank will likely hold off on making another interest rate cut Thursday, choosing to wait until it can ...
European Union has the votes to impose retaliatory tariffs on U.S.
European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not ...
Gold extends losses as US and EU close in on tariff deal, silver rallies
By Sherin Elizabeth Varghese and Ashitha Shivaprasad (Reuters) -Gold prices extended losses on Wednesday following reports ...