BMW's China problem isn't going away — and Trump's trade war may make things worse
The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be challenging.
Trump has begun another trade war. Here's a timeline of how we got here
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty.Trump is no stranger to tariffs.
Trump Ramps Up EU Trade War With Tariff Threat on Champagne, Wine
President Trump said he would impose a 200% tariff on U.S. imports of wine, Champagne and other alcoholic beverages from the bloc.
Trump's trade war is 'wake-up call' for Europe, Lagarde says
A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank President Christine Lagarde said on Friday.
Trump tariff impact: Global potash prices seen rising amid U.S.-Canada trade war
Despite emerging risks concerning U.S. domestic potash prices due to trade tensions with Canada, the rising costs of N-based fertilizers present a more immediate threat to U.S. agriculture, as these are closely linked to elevated domestic natural gas prices,
Trump threatens 200% tariff on European alcohol as trade war escalates
President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.
BMW warns on tariffs, China as 2024 profits plunge
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year.
BMW CEO on Tariffs, Trade, US Market, China, Sales
BMW Chief Executive Officer Oliver Zipse discusses US tariffs and the potential impact on the automaker. He also talks about the company's sales outlook and China. He speaks in an interview with Bloomberg's Oliver Crook.
Gold hits $3,000 for the first time on a safe-haven dash from Trump's trade war
Investors have been rushing to gold — a safe-haven asset — this year to hedge against risk from US President Donald Trump's ...
Dow slides and S&P 500 closes in correction as Trump’s trade war escalates
US stocks slid Thursday and the S&P 500 closed in correction, down more than 10% from its record high in February, as ...
Farmers face steep losses in the middle of Trump's trade war and funding cuts
Jennifer Gilkerson never imagined that her West Virginia farm’s freeze-dried fruits would get caught up in political fights ...
Read the letter Tesla wrote warning the Trump administration about harm from a trade war
Tesla said Trump's tariffs could increase costs to manufacture and lead other countries to counter with tariffs on cars and ...
S&P 500 falls into correction territory as Trump’s trade war escalates. Here’s what history says could happen next.
The sharp drawdown on the U.S. stock market picked up steam on Thursday, pushing the S&P 500 into correction territory.
Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new ...
Here's when the stock market sell-off could force Trump to drop his trade war
President Donald Trump says he's not concerned with how the stock market performs as he implements his protectionist agenda.
BOJ to debate economic risks from Trump trade war, rates seen steady
The Bank of Japan is set to keep interest rates steady next week and discuss just how much of a risk the escalating U.S.