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BMW AG predicts carmaking profits will be below long-term goals due to trade tensions and declining sales in China, expecting a margin of 5-7% this year. The stock has decreased …
BMW Faces Challenges Amidst Tariffs and Declining Sales in China Read More
UAW President Shawn Fain supports Trump’s tariffs on Canada and Mexico, stating they are essential to mitigate job losses caused by free trade agreements like NAFTA. While he acknowledges tariffs …
UAW Leader Advocates for Tariffs to Address U.S. Job Losses Read More
Stephen Moore criticized President Trump’s tariffs on Canada and Mexico as misguided, warning of a wobbly economy. He advocates for quick congressional action on tax cut extensions to stimulate economic …
Ex-Trump Economic Adviser Critiques Tariffs, Warns of Economic Instability Read More
The White House has announced a one-month suspension of tariffs on USMCA-compliant goods from Mexico and Canada, effective until April 2. This decision provides relief to the food industry and …
Trump Announces One-Month Suspension of Tariffs on USMCA Imports Read More
A magnitude 6.3 earthquake struck Antofagasta, Chile, on Thursday, reported at a depth of 93 km. Further assessments of damages and impacts on the community are pending as local authorities …
Magnitude 6.3 Earthquake Strikes Antofagasta, Chile Read More
President Trump has announced a one-month suspension of tariffs on Mexican goods under the USMCA until April 2. Commerce Secretary Lutnick is optimistic about a similar suspension for Canada. This …
Trump Announces One-Month Suspension of Tariffs on Mexican Goods Read More
Commerce Secretary Howard Lutnick announced that President Trump will likely delay tariffs on USMCA-covered products for a month. This indicates a major shift in administrative policy, which has significantly affected …
Lutnick: Tariffs on Products from Mexico and Canada Likely Delayed Read More
The US-India Business Council underscores the significance of a pending bilateral trade deal between India and the US, emphasizing the urgency to dismantle non-tariff barriers. Commerce Minister Piyush Goyal and …
India-US Trade Deal: A Critical Opportunity for Economic Growth Read More
President Trump’s recent imposition of new tariffs on goods from Mexico, Canada, and China has sparked considerable uncertainty among businesses. The tariffs are set at 25%, impacting many sectors, especially …
Tariffs by Trump Create Uncertainty and Concerns for Small Businesses Read More
President-elect Donald Trump’s proposed tariffs on imports from Mexico, Canada, and China could raise consumer prices and threaten the USMCA, the trade agreement he championed in 2020. Experts suggest these …
Potential Economic Consequences of Trump’s Tariff Proposal on U.S. Relations with Canada and Mexico Read More