Tag: trade tensions

Monika Schnitzer, who is the Chairwoman of the German Council of Economic Experts, speaks during the presentation of the spring report of the German Council of Economic Experts at the Federal Press Conference. Sebastian...

American companies in China are feeling the heat as Uncle Sam and the dragon clash in a battle for dominance. For years, Washington politicians have been strong advocates for American businesses in China, pushing...

Peer into a Bloomberg screen and the parallels between the past month and the spring of 2020 draw themselves. Then as now the VIX index, which tracks share-price volatility, spiked above 40, a level...

Federal Reserve Chair Jerome Powell and his colleagues are expected to keep interest rates unchanged Wednesday, ignoring President Trump's criticism of the central bank for not lowering rates. The decision to maintain the Fed's...

BMW, the renowned German automaker, is bracing itself for a substantial financial hit amidst the escalating tariff war. The company is projecting a staggering €1 billion loss, prompting concerns within the automotive industry and...

President Trump’s recent tariff escalation has sent shockwaves through the stock market, sparking a significant decline in key indices. This move, which came as a surprise to many investors and economists, has raised concerns...

Amid the ongoing trade war between the United States and China, Beijing has recently imposed tariffs on U.S. farm imports, causing significant concern and disruption in the agricultural sector. These tariffs have had far-reaching...

Officials in Canada and China are pushing back against the Trump administration's allegations linking illegal street fentanyl to the implementation of new trade tariffs. Canadian Prime Minister Justin Trudeau has vehemently denied Trump's claims,...

President Donald Trump is considering escalating tariffs on U.S. trading partners, a move that could significantly impact the auto industry, particularly affecting South Korea and Japan. According to data from GlobalData, these East Asian...

As tensions between the United States and China continue to escalate, the trade war is taking a toll on both nations. The retaliatory Chinese tariffs set to take effect on Monday mark the latest...

The owner of Temu, a prominent Chinese e-commerce giant, has faced significant financial losses amid growing concerns regarding President Trump's trade policies. The company has seen billions of dollars in value dissipate as fears...