Melissa Eddy
Posts
Trump’s Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the...
China’s BYD Outsells Tesla in Europe for First Time
Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for the continent’s auto market.
Tariff Uncertainty Threatens to Drag Down Europe’s Economic Growth
The European Union scaled back its forecast for growth in 2025 by nearly half a percent, as the jump in tariffs and surrounding chaos bite.
Germany Has a Long History of U.S. Investment. That May Be Changing.
German companies invest more than three times as much in the United States as American companies do in Germany, but they are starting to rethink...
Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
Faced with tariffs introduced by President Trump on cars, steel and aluminum, Europe’s carmakers are pessimistic about the future.
Adidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect
The chief of the German sportswear giant said that unpredictability surrounding the tariffs prevented the company from issuing a full-year forecast, but he predicted a...
Trump’s Tariffs Expected to Grind Germany’s Economy to a Halt
The German government scaled back its prediction for 2025 to zero growth, citing the turbulence caused by U.S. tariffs, as well as stubborn bureaucracy and...
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.
Swedish Battery Maker Northvolt Collapses, a Blow to Europe
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’
Since the start of the war in Ukraine, the company moved quickly to meet Europe’s growing need for military spending.