The International Monetary Fund warned that trade tension continued to be a risk for the global economy.
Category: Europe
-
Europe Made Major Trade Concessions to Trump. How Did That Happen?
Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.
-
Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices.
-
Europe, Worried by Other Global Crises, Agrees to Trump’s Trade Deal
The framework agreement will likely not do much for economic growth on either side. But it avoids new fissures on other foreign policy issues, particularly the war in Ukraine.
-
Boeing Emerges as a Winner in Trump’s Trade Wars
Countries striking agreements with the United States have pledged to buy more Boeing planes, but it’s not clear whether those orders were the result of President Trump’s tactics.
-
Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that the U.S. import duties erased about $1.5 billion from its profit in the first half of the year.
-
Is the Bread in Europe Better for You?
If you’ve noticed that certain baked goods are more tolerable abroad, it may not be all in your head.
-
Chinese and European Leaders Meet Amid Grievances on Trade
European Union officials are set for a summit with China’s top leaders. China’s support of Russia and a long list of trade disputes are on the agenda.
-
Tesla Expected to Report Falling Profit as Car Sales Fall
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
-
Global Markets Rally on Japan Deal Euphoria
But more big tests loom with trade talks still continuing between the Trump administration and counterparts in China and the European Union.
-
Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
-
Tomorrowland Music Festival Is Still On After Fire Wrecks Main Stage
Organizers of the major electronic festival in Belgium said it would continue as planned despite the destruction of its focal point.