Tag: U.S. tariffs
Eastern Europe Fuels Surprise Rise in German Exports
Eastern Europe Drives Growth in Germany’s Export Sector
Germany’s export industry, under pressure from high U.S. tariffs and a slowdown in China, saw renewed strength...
China Exports Hit Hard as Tariffs Crush U.S. Demand
China’s exports unexpectedly declined in October, marking the sharpest downturn since February, as new tariffs from the United States weakened demand. The drop came...
Volvo Cars Beats Profit Forecasts, Stock Takes Off
Volvo Cars reported a major earnings surprise on Thursday, beating third-quarter profit forecasts despite ongoing U.S. tariffs and fierce market competition. Aggressive cost-cutting efforts...
AI Surge to Lift Taiwan’s 2026 Growth Above 3%
Taiwan’s economy could grow above 3% in 2026, supported by the strong demand for artificial intelligence (AI) applications, according to Economic Affairs Minister Kung...
BMW Shares Drop 3% in Pre-Market After Forecast Revision
BMW Shares Fall 3% After Forecast Cut on Tariff and China Worries
BMW shares were down about 3% in pre-market trading on Wednesday, after the...
European Firms Slash Jobs as Economic Growth Slows
European Companies Announce Major Job Cuts Amid Economic Slowdown
Several European companies have announced job cuts or hiring freezes in 2025, citing a slowing economy...
Asia Stocks Little Changed After Mixed China PMIs; Australia Flat as...
Asian stocks traded in tight ranges on Tuesday after mixed business activity data from China, while Australian shares moved little as the Reserve Bank...
Trump Imposes 10% Tariff on Lumber, 25% on Kitchen and Bathroom...
U.S. President Donald Trump announced new tariffs on Monday evening targeting lumber, furniture, and kitchen fittings. The move is aimed at boosting domestic production...
Baxter and GE HealthCare Stocks Drop as U.S. Opens Medical Device...
U.S. Medical Device Probe Hits Baxter, GE HealthCare, and Other Stocks
Shares of leading medical device makers fell sharply on Thursday after the U.S. Commerce...
Bank of Canada Lowers Rates to Three-Year Low Amid Economic Concerns
Bank of Canada Cuts Key Rate to 2.5%, Citing Economic Risks
The Bank of Canada lowered its benchmark interest rate to 2.5% on Wednesday, marking...
