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In just six months, President Donald Trump has remade global trade and upended a century of precedent.
Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant ...
As U.S. President Donald Trump's new tariff regime clicks into gear on Friday, producers around Europe are feeling the impact ...
Some luxury firms may have a little more power than others. Birkin bag maker Hermes raised prices by 7 percent globally, with ...
Pirelli lowered its full-year revenue outlook due to worsening currency headwinds but reiterated its profitability ...
Someone has to pay the skyrocketing levies the U.S. is collecting on imports—and companies say some of the burden will fall on consumers.
Luxury sports-car maker Ferrari could trim a premium introduced in April for some cars sold in the United States once the ...
The main threat to the U.S. economy stems from the unprecedented economic policy uncertainty associated with tariffs and ...
In June, Marelli Holdings, a major global automotive supplier, filed for bankruptcy in the US. In court filings, CEO David Slump blamed the tariffs for destabilizing Marelli's business, which depends ...
Stellantis said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from U.S. tariffs for ...