Latest in Europe's pharma industry braces for tariffs as carve out hopes fade
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Europe's pharma industry braces for tariffs as carve-out hopes fade
Europe's pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by President Donald Trump fade.CNBC - 1d -
Why Norway is edging towards a fresh EU membership bid
Also in this newsletter: Ireland’s pharma industry braces itself for Donald Trump’s tariffsFinancial Times - 3d -
Starmer’s hopes wane for UK exemption from US tariffs
Britain has pushed for carve-out ahead of ‘liberation day’ on WednesdayFinancial Times - 3d -
GM's first-quarter U.S. vehicle sales lead industry as automakers brace for tariffs
General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs ...NBC News - 2d -
‘Europe’s Detroit’ is expected to suffer the most from Trump’s auto tariffs
Nicknamed the "Detroit of Europe" due to its thriving automotive industry, Slovakia produces more cars per capita than any other country in the world.CNBC - 1d -
Europe hopes for Trump tariffs deal but prepares for the worst
The EU's message is that it is ready to negotiate with the US but at the same time poised to hit back too.BBC News - 11h -
GM's first-quarter U.S. vehicle sales lead industry as automakers braces for tariffs
GM reported a 16.7% jump in U.S. sales compared to the first quarter of 2024, led my incremental gains in sales of new EVs and notable gains in full-size SUVs.CNBC - 1d -
Starmer braced for Trump tariffs as UK seeks better outcome than EU
Prime minister still hopes to secure a trade deal with the US presidentFinancial Times - 2d -
Apr 3: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leadersCBS News - 1h -
GOP braces for potential defeat on Trump tariff bill
Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” ...The Hill - 1d -
Ukraine’s bonds fall as ceasefire hopes fade
Investors fear Russian ‘slow-balling’ of talks reduces chances of extra payments linked to GDPFinancial Times - 3d -
US pharma boss calls tariffs a 'pivotal moment'
Eli Lilly's CEO has told the BBC that he is doubtful tariffs could bring manufacturing jobs to the US whilst raising billions in tax revenue.BBC News - 4h -
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 9h -
Global economy will ‘massively suffer’ from Donald Trump tariffs, Ursula von der Leyen warns – Europe live
European Commission president hopes to move from confrontation to negotiation after Trump attack on ‘pathetic’ EU. What are tariffs and why do they matter? French prime minister François ...The Guardian - 18h -
Nintendo unveils high-priced Switch 2 console as Trump’s tariffs bite
New device will cost $449.99 in June release that games industry hopes will turbocharge salesFinancial Times - 1d -
Pharma tariff relief likely short-lived with sector-specific duties on the horizon
Pharmaceutical companies breathed a sigh of relief on Wednesday, but the tariff reprieve could prove fleeting.CNBC - 14h -
Factory activity slumps as manufacturers brace for Trump tariffs
U.S. manufacturers are sounding worried about the Trump administration’s trade policies ahead of a hotly anticipated announcement on tariffs that’s expected from the White House on Wednesday. ...The Hill - 2d -
Trump's 25% auto tariffs are in effect. What investors need to know.
DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry will play out ...NBC News - 11h -
Small businesses brace for impact of new Trump tariffs
President Trump is set to unveil new reciprocal tariffs on April 2nd. But some small business owners are worried about the impact it could have on their bottom line. NBC News' Vaughn Hillyard spoke ...NBC News - 4d -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 1d -
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key ...The Hill - 18h -
Trump’s Tariffs Could Reshape the US Tech Industry
Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from President Trump’s trade policies, but some software firms expect more demand for their services.Wired - 1d -
Survivors still being found from Myanmar earthquake, but hopes begin to fade as deaths exceed 2,700
Rescue workers have saved a 63-year-old woman from earthquake rubble in Myanmar’s capitalABC News - 1d -
Investors brace for sweeping Trump tariff announcement
Trading on Wall Street volatile as US president prepares to escalate trade war on ‘liberation day’Financial Times - 1d -
Renewable Energy Sector Braces for Trump Tariffs
The components used to assemble wind turbines are made by suppliers around the globe.The New York Times - 1d -
There's no such thing as a fully American-made car
Trump has ruled out tariffs on vehicles built entirely in the U.S., but industry executives and analysts say there’s not a single one with all-domestic parts and assembly.NBC News - 3d -
Businesses brace for new tariffs as Trump is set to unveil details
President Trump is set to announce new tariffs on potentially hundreds of U.S. trading partners in a Rose Garden ceremony at the White House on Wednesday. The White House press secretary says the ...NBC News - 2d -
Investors hope April 2 could bring some tariff clarity and relief. That may not happen.
Wall Street is hoping April 2 will provide clarity on the U.S. tariff front and a reprieve from the recent market volatility.NBC News - 2d -
Nations braced for Donald Trump’s ‘Liberation Day’ levies
US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme CourtFinancial Times - 4d -
CorSera: A trophy, Europe and a rebuild – Milan’s hopes for the rest of 2024-25
AC Milan’s list of targets for the 2024-25 season is getting shorter by the month, as the disappointing results continue to flow.As Corriere della Sera (via MilanNews) writes this morning, fourth ...Yahoo Sports - 2d -
Trump’s tariffs: how might Europe respond to unleashing of trade war?
Bloc’s options include retaliating with tariffs on US goods and services and forming closer ties with other countries. Donald Trump is getting ready to impose sweeping and immediate tariffs on ...The Guardian - 1d -
The biggest winners and losers in Europe as Trump announces sweeping tariffs
Global markets and businesses were thrown into disarray by U.S. President Donald Trump's tariff announcements on Thursday.CNBC - 14h -
'It's a huge blow to Scotland's whisky industry' - UK firms react
Business in England, Scotland, Wales and Northern Ireland tell us what US tariffs could mean for them.BBC News - 19h -
Don't overlook the impact of pharma tariffs, says an analyst. Where we stand on Bristol Myers
The drug stock is higher over the past month while the S&P 500 has pulled back sharply.CNBC - 2d -
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 2d -
World braces itself as US tariff ‘liberation day’ draws near
No one knows what Trump will do — and at this moment that includes the president himselfFinancial Times - 3d -
Trump's upcoming tariffs 'will be effective immediately,' White House says
Trump's reciprocal tariffs follow other import duties he has already announced, including tariffs on goods from Canada and Mexico and industry-specific tariffs.CNBC - 2d
