EU pauses countermeasures following Trump’s tariff reprieve
The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on…
BMW considers boosting output at U.S. plant by up to 80,000 units
German automaker BMW is considering adding shifts to its Spartanburg plant in South Carolina to boost output by up to 80,000 units, executives said on…
US Steel, Nippon Steel working closely with Trump administration, statement says
U.S. Steel and Nippon Steel are working closely with the Trump administration "to secure a significant investment," U.S. Steel said on Thursday, after remarks from…
Trump’s tariff pause does little to lower overall tariff rates, Yale researchers say
U.S. President Donald Trump's rollback of some of the steep tariffs he has imposed has done little to lower the average import duty rate from…
Novartis plans to invest $23 billion in US plants as Trump renews drug tariff threats
Swiss drugmaker Novartis said on Thursday it plans to spend $23 billion to build and expand 10 facilities in the U.S., as it grapples with…
EU, China start talks on lifting EU tariffs on Chinese electric vehicles, Handelsblatt reports
The European Union and China have begun negotiations on the abolition of EU tariffs on imports of Chinese electric cars, German newspaper Handelsblatt reported on…
Trump’s stunning tariff pause focuses trade war on China
U.S. President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging…
Trump draws criticism from Michigan business and auto groups as auto tariffs remain
President Donald Trump on Wednesday paused for 90 days many tariffs but is not halting 25% tariffs on automotive imports and looming tariffs on auto…
LVMH finds making Louis Vuitton bags messy in Texas
Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make…
Beijing bites back at US tariffs by curbing Hollywood imports
China said on Thursday it would immediately restrict imports of Hollywood films in retaliation for President Donald Trump's escalation of U.S. tariffs on imported Chinese…
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