BMW's China problem isn't going away — and Trump's trade war may make things worse
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be challenging.
Dow slides and S&P 500 closes in correction as Trump’s trade war escalates
US stocks slid Thursday and the S&P 500 closed in correction, down more than 10% from its record high in February, as President Donald Trump threatened new tariffs on the European Union.
Trump's trade war is 'wake-up call' for Europe, Lagarde says
A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank President Christine Lagarde said on Friday.
Trump Ramps Up EU Trade War With Tariff Threat on Champagne, Wine
President Trump said he would impose a 200% tariff on U.S. imports of wine, Champagne and other alcoholic beverages from the bloc.
Your Michigan beer may cost more thanks to Trump’s trade war
The cost of beer is expected to rise due to the U.S. trade war with Canada, which exports aluminum widely used to make beer cans at American breweries. (N. Scott Trimble | [email protected]) N. Scott Trimble | [email protected]
Tariff turmoil: Dow continues to slide amid Trump trade wars
The Dow continues to slide amid President Trump's tariffs escalating a global trade war. Trump now has threatened to put a 200% tariff on European wine after the EU hit back with retaliatory tariffs.
S&P 500 ends down, joins Nasdaq in correction. Dow slides as Trump zeros in on EU tariffs
US stocks slid, with the S&P 500 joining Nasdaq in a correction as Trump threatens 200% tax on European liquor if EU's tax on US whiskey stays.
Irish prime minister says "tariffs are damaging" amid Trump trade standoff
Irish Taoiseach Micheál Martin said he hopes dialogue can resolve the trade war between the U.S. and the European Union after President Trump Thursday threatened to impose 200% retaliatory tariffs on European wines and alcohols.
Trump Vows 200% Tariff on EU Wine, Escalating Trade Tensions
President Donald Trump threatened to impose a 200% tariff on wine, champagne and other alcoholic beverages from France and elsewhere in the European Union, the latest escalation in a growing transatlantic trade war.
Gold hits $3,000 for the first time on a safe-haven dash from Trump's trade war
Investors have been rushing to gold — a safe-haven asset — this year to hedge against risk from US President Donald Trump's ...
Oil, dollars, and debt: How safe is the Middle East from the global trade war?
The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.
Farmers face steep losses in the middle of Trump's trade war and funding cuts
Jennifer Gilkerson never imagined that her West Virginia farm’s freeze-dried fruits would get caught up in political fights ...
TSX futures rise; index set for weekly loss on heightened trade war
Futures tied to Canada's main stock index jumped on Friday, but the benchmark index was on track for a sharp weekly fall as ...
Read the letter Tesla wrote warning the Trump administration about harm from a trade war
Tesla said Trump's tariffs could increase costs to manufacture and lead other countries to counter with tariffs on cars and ...
Trump’s trade war, rhetoric put his ambassador picks in tough spot
Worsening relations with three of the United States’ biggest trading partners dominated a Senate hearing for the would-be U.S ...
Wall Street tumbles 10% below its record after Trump escalates his trade war
NEW YORK (AP) — The U.S. stock market is drifting lower Thursday, even after getting a double-shot of encouraging news on the ...
From Champagne to Bourbon, Alcohol Lands on Front Lines of Global Trade War
President Trump has threatened a 200% tariff on European alcohol.