U.S. and China Reach Deal to Temporarily Slash Tariffs
The United States and China said Monday they reached an agreement to temporarily reduce the punishing tariffs they have imposed on each other while they try to defuse the trade…
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings.…
Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them struggling to assess the impact…