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Keywords: Tariffs.


Volkswagen's profit drops amid trade tensions and increased tariffs

Volkswagen's net profit for the first quarter of the year decreased by 40.6 percent, dropping to €2.19 billion ($2.49 billion). Despite this, the company saw a 3 percent increase in revenue, which reached €77.56 billion. The 10-brand conglomerate, which includes Audi, Skoda, and Porsche,......

AstraZeneca Shifts Production to US amid Tariff Concerns

AstraZeneca is relocating part of its manufacturing operations to the United States in response to the potential imposition of tariffs on pharmaceutical imports. Chief Executive Pascal Soriot reaffirmed the company’s strong commitment to expanding in the U.S., noting a 30% increase in first-quarter......

The Rush to Buy Cars in Detroit Amid Tariff Concerns

The looming auto tariffs imposed by U.S. President Donald Trump are driving a surge in car sales in Detroit, as consumers rush to buy vehicles before potential price hikes. Jerry Chen, who recently purchased a Toyota Highlander with his family, is among those who decided to buy sooner than planned, fearing......

Trump states lower tariffs depend on China amid lawsuit over trade war

US President Donald Trump reaffirmed his intention to reduce the high tariffs imposed on China but emphasized that the timeline for any potential relief hinges on the actions of Beijing. Speaking to the press at the White House, Trump mentioned that he could announce new tariff rates on US trade partners,......

US VP Vance's visit to India amid trade tensions with Washington

US Vice President JD Vance has arrived in India for a four-day visit, with trade negotiations and a potential bilateral deal with the US at the forefront. The visit comes as India aims to avoid new US tariffs and solidify ties with President Donald Trump’s administration. On the first day, Vance......

PSOE confident in gaining PP support for tariff relief measures

The Spanish Socialist Workers' Party (PSOE) remains optimistic that the Popular Party (PP) will ultimately support a set of government measures aimed at mitigating the impact of U.S. tariffs imposed by Donald Trump. Although the decree still needs to be ratified by the lower house of Parliament,......

China issues warning against trade deals with the U.S. at its expense

On April 21, China accused the U.S. of misusing tariffs and cautioned countries against entering trade deals with the United States that would harm China's interests. This statement escalates tensions in the ongoing trade war between the two largest global economies. China's Ministry of Commerce......

China Calls for Trade Peace but Stands Ready to Respond

China’s ambassador to the United States, Xie Feng, has called on Washington to seek cooperation and mutual understanding amid growing trade tensions, while making it clear that Beijing will defend its interests if provoked. During a public appearance in Washington, as shared on the Chinese embassy’s......

Trump and Meloni seek common ground on EU tariffs and Western unity

During a high-profile meeting at the White House, US President Donald Trump and Italian Prime Minister Giorgia Meloni voiced optimism about reaching a new trade agreement between the United States and the European Union. The leaders, both known for their conservative stances, discussed economic cooperation......

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