Volkswagen takes 1.3bn hit from high costs' of Trump tariffs
Volkswagen reported a decline in operating results by 1.3 billion due to increased US import tariffs, incurring costs over 1 billion in the first half of the year.
The Hidden Cost of Import Tariffs for Interior Design
We manufacture everything in-house using nearly all domestic materials. A weaker economy is our biggest hurdle-people buying less, with less confidence, makes all business harder.
UK steelmakers avoid immediate 50% US tariff, but face growing uncertainty as deal hangs in the balance
The President's decision not to impose a 50% tariff on UK steelmakers, but to keep the rate at 25% while the UK-US deal is completed, is a welcome pause.
Why China's Temu and Shein are Europe's new trade threat DW 05/06/2025
US President Donald Trump's elimination of a duty-free loophole has significantly impacted Temu and Shein's business models, causing their costs to rise drastically.
