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U.S. President Donald Trump has called on the European Union to slap tariffs of up to 100 percent on China and India in a bid to force Russian President Vladimir Putin to end the war in Ukraine. The proposal came during a meeting between U.S. and EU officials, first reported by the Financial Times, where…
Beneath the dazzling lights and futuristic prototypes at Europe’s biggest auto show, industry leaders admit a harsh reality: the good times are ending. Sales in China, the world’s largest car market, are shrinking. Profits are falling. Demand in Europe is weak. On top of that, U.S. tariffs add more uncertainty. Carmakers that once thrived are…
The United States and China have extended their trade war ceasefire until November 10, just hours before higher tariffs were set to take effect between the world’s two largest economies. In a joint statement, Beijing and Washington confirmed that increased tariffs will remain suspended for another 90 days. Talks last month ended with both sides…
