BMW warns of €1bn profit hit from global tariff war
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BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - 7h -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 2d -
BMW profits take big hit, down 37% in 2024
Yahoo News - 9h -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 4d -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - 2d -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 4d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 2d -
A Tariff Pile-On Threatens to Escalate a Global Trade War
American trading partners responded swiftly to President Trump’s latest round of levies with countermeasures, creating more uncertainty for C.E.O.s.The New York Times - 2d -
Trump's tariffs are keeping some Canadians away from the U.S.
President Trump's tariffs are frustrating Canadians who like to spend their winter in the U.S. This comes as the trade war appears to grow. David Akin, the chief political correspondent for Global ...CBS News - 1d
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China courts global CEOs for Xi meeting
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US consumers’ long-term inflation expectations hit 32-year high
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Northern Ireland risks becoming ‘collateral damage’ in transatlantic trade war
Post-Brexit deal means EU tariffs would apply, putting the region at a disadvantage if UK wins US tariff exemptionFinancial Times - 2h -
Armenia and Azerbaijan signal breakthrough in peace talks
Western officials welcome step, but sticking points remain before an agreement can be signedFinancial Times - 3h
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