Keywords: Tariffs
German carmaker BMW announced Wednesday that its net profit more than tripled in the third quarter, driven by strong global deliveries that held up in the United States despite higher import tariffs. Between July and September, the Munich-based group reported a net profit of €1.7 billion, a 256.5%......
BUSAN, South Korea — Suspense is mounting ahead of Thursday’s meeting between U.S. President Donald Trumpand Chinese President Xi Jinping, as the leaders of the world’s two largest economies seek to defuse growing tensions and revive trade cooperation. Trump, en route......
Washington, October 18, 2025 — The United States and China have agreed to resume high-level trade negotiations in an effort to ease renewed tensions between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent announced on Friday that he will meet next week in Washington......
China has accused the United States of applying “double standards” after President Donald Trump announced an additional 100% tariff on Chinese goods, set to be added to existing duties. Trump justified this move as a response to what he described as China’s “extraordinarily aggressive......
The meeting between U.S. President Donald Trump and Chinese leader Xi Jinping appears increasingly unlikely after Washington announced a new round of punitive tariffs and export restrictions targeting China. On Friday, Trump declared that the United States would impose additional 100% tariffs on all......
The Swiss pharmaceutical giant Novartis is seeking ways to make medicines more affordable in the United States, amid growing pressure from the Trump administration and the threat of steep tariffs on the industry. Chief Executive Officer Vasant Narasimhan told the Swiss daily Neue Zürcher Zeitung......
ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......
France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......
The United States has increased its tariff on Indian imports from 25% to 50%, in a move aimed at punishing New Delhi for its continued purchases of Russian oil. The decision, announced earlier this month by President Donald Trump, reflects Washington’s frustration with Moscow’s refusal to......
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