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BMW AG forecasts its carmaking profits will be significantly below long-term goals, citing US-EU trade tensions and declining sales in China. The automaking margin is projected between 5% and 7% …
BMW’s Car Profit Outlook Dims Amid Tariffs and Sales Challenges Read More
UAW President Shawn Fain supports President Trump’s tariffs on Canada and Mexico, arguing they are necessary to halt job losses in the U.S. He criticizes past trade agreements, stating that …
UAW Leader Supports Trump’s Tariffs as a Means to Protect U.S. Jobs Read More
Former Trump advisor Stephen Moore criticized tariffs on Canada and Mexico, calling them misguided and harmful to the economy. He urged Congress to quickly pass a tax cut extension to …
Ex-Trump Economic Adviser Critiques Tariffs and Warns of Economic Instability Read More
The White House has announced a temporary suspension of tariffs on imports compliant with the USMCA until April 2, extending to Canadian goods as well. This pause alleviates pressure on …
Temporary Suspension of Tariffs on USMCA Compliant Imports Read More
A magnitude 6.3 earthquake struck Antofagasta, Chile, at 93 km depth, sparking concerns but no immediate reports of damage. Concurrently, Norway announced a significant aid increase for Ukraine, while various …
Magnitude 6.3 Earthquake Hits Antofagasta, Chile Amid Global Developments Read More
President Trump has suspended tariffs on Mexican goods under the USMCA until April 2. Commerce Secretary Lutnick hopes this suspension may extend to Canada. This announcement follows a recent exemption …
Trump Announces Temporary Suspension of Tariffs on Mexican Goods Read More
Commerce Secretary Howard Lutnick announced a likely one-month delay on tariffs for USMCA treaty products, initially set at 25%, to begin on April 2. The postponement aims to address concerns …
Expected Delay in Tariffs from Mexico and Canada: Economic Implications Read More
The initial talks between Indian Commerce Minister Piyush Goyal and U.S. Secretary Howard Lutnick aim to establish a bilateral trade deal, which the U.S.-India Business Council (USIBC) asserts is critical …
India-US Trade Agreement Talks: A Step Towards Economic Partnership Read More
The Trump administration’s new tariffs on imports from Mexico and Canada are creating significant uncertainty for small businesses reliant on these goods. With a 25% tax on certain shipments and …
Trump’s Tariffs: Uncertainty and Challenges for Small Businesses Read More
President Trump’s proposed tariffs of up to 25% on imports from Canada and Mexico could escalate prices for American consumers and potentially dismantle the USMCA trade agreement. This strategy may …
Implications of Trump’s Proposed Tariffs on U.S.-Canada-Mexico Trade Relations Read More