GM, Trump and Profit
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Trump, tariff and White House
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Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have started to take their toll.
Stellantis reported a substantial net loss of 2.3 billion euros in the first half of the year, impacted by new US tariffs and significant charges related to legislative changes. North American sales declined sharply,
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.
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MiBolsilloColombia on MSNHow Trump's Tariffs Will Eventually Impact Your WalletThe recent inflation rise to 2.7% in June, driven by consumer prices, signals potential financial strain. As tariffs take effect, consumers may face increased costs, impacting their purchasing power.
President Trump’s threat to impose 30% tariffs on the European Union disrupted negotiations. From cars to wine, these are the industries on the line.
President Donald Trump returned to the White House six months ago. Here's the latest on how he's influencing Arizona.
A renewed threat of tariffs is looming over the category at a time when K-beauty brands are looking to further their presence in the U.S.
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results. The automaker's revenue in the quarter ended June 30 fell nearly 2% to about $47 billion from a year ago.
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World Politics Review on MSNTrump's Tariffs Against Brazil Have Divided Bolsonaro's BaseTrump hoped his tariffs on Brazil would help Bolsonaro avoid accountability for his illegal attempt to stay in power in 2023. But they could have the opposite effect. The post Trump's Tariffs Against Brazil Have Divided Bolsonaro's Base appeared first on World Politics Review.