Germanys Steel Industry Revival Amid Defense Boom and Tariffs
Could Germany's steel industry rebound amid rising defense demands and US tariffs? Experts weigh in on challenges and opportunities for economic revival.
Could Germany's steel industry rebound amid rising defense demands and US tariffs? Experts weigh in on challenges and opportunities for economic revival.
US imports plummet 20% in April due to Trump's tariffs, marking a record monthly drop. Trade deficit shrinks as Canada and China exports hit multi-year lows. Talks continue amid global trade tensions. (219 characters)
Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)
US-China trade talks stall despite recent tariff reductions, Treasury Secretary says, as negotiations await high-level intervention.
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.