Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.
Category: European Union
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Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
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Why the UK Has Not Retaliated Against Trump’s Tariffs
Prime Minister Keir Starmer wants to stay close to the United States, even as the uncertainty unleashed by President Trump offers a chance to build ties with the European Union.
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What Products Could Europe Levy in Retaliation to Trump’s Tariffs?
The European Union wants to force the United States to the negotiating table with retaliatory tariffs on a range of American products, including some from Republican strongholds.
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Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens
The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.
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Tesla Sales Plunge in Germany, Reflecting Broader Slump in Europe
February numbers show the U.S. electric car maker is struggling to attract buyers in the region, as anger at Elon Musk’s politics intensifies.
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Trump’s Latest Tariffs on Canada, Mexico and China Could Be His Biggest Gamble
President Trump has offered a mix of reasons for upending global trade relations, baffling and angering America’s biggest trading partners.
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Is It Time to Transfer Frozen Russian Assets to Ukraine? Calls Grow Louder.
President Trump’s threat to abandon Ukraine added urgency to plans to fund security or reconstruction with the roughly $300 billion owned by Russia’s central bank.
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Porsche Is No Longer a ‘Premium’ Sports Car in China
Chinese drivers are buying affordable electric vehicles loaded with new technology, a trend that is redefining high-end vehicles and hurting German automakers.
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What to Know About VAT, the Tax System Used in Europe That Trump Despises
The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system started.
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Trump’s Tariffs Could Worsen Europe’s Economic Slowdown
The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.