French Wine Exporters Sound the Alarm Over Trump’s Latest 100% Tariff Threat

By admin June 15, 2026 No comment

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French wine and spirits exporters expressed deep concern on Monday following U.S. President Donald Trump’s latest threat to impose 100% tariffs on all French wines and champagnes. The Federation of Wine and Spirits Exporters (FEVS) stated that the escalating friction is incredibly damaging for a highly export-dependent sector that finds itself trapped in a political

German Carmakers Face Mounting Pressure Amid Global Auto Industry Shift

By admin June 5, 2026 No comment

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German automakers are losing momentum as global rivals gain ground, according to a new EY analysis. While major automotive groups worldwide posted a 2% increase in first-quarter revenue, German manufacturers recorded a 4% decline, reflecting growing challenges in key international markets. Industry experts point to a combination of factors behind the downturn, including

US Liquor Maker Shifts Production to Canada Amid Ongoing Trade Dispute

By admin May 30, 2026 No comment

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Minnesota-based Phillips Distilling Company has moved part of its production to Canada after a widespread boycott of American-made alcohol by Canadian provinces severely impacted its business. The company lost around 70% of its Canadian sales following restrictions introduced in response to U.S. tariffs, with its popular Sour Puss liqueur being among the hardest-hit

Audi Warns US Tariffs Could Hit SUV Launch and Profits

By admin May 5, 2026 No comment

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Audi has warned that a potential U.S. tariff increase on European car imports could have a “significant” impact on its business as it prepares to launch its largest SUV in the American market this summer. The proposed 25% tariff, threatened by U.S. President Donald Trump, would particularly affect models like the Audi Q9, which is […]

Trump Escalates Trade Tensions with 25% EU Auto Tariffs

By admin May 2, 2026 No comment

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Donald Trump has announced plans to raise tariffs on cars and trucks imported from the European Union to 25%, marking a sharp escalation in transatlantic trade tensions. Trump accused the EU of failing to comply with a previously agreed trade deal but did not provide specific details to support the claim. The European Commission responded […]

US Launches Trade Probe Into Major Global Partners

By admin March 12, 2026 No comment

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The United States has launched a new investigation into several major trading partners, including China, European Union and India, following a court ruling that struck down part of former tariff policies introduced by Donald Trump. The probe, announced by US Trade Representative Jamieson Greer, will examine alleged unfair trade practices and could lead to new […]

Donald Trump Says Novartis to Build 11 U.S. Plants After CEO Meeting

By admin February 20, 2026 No comment

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U.S. President Donald Trump said he met with Novartis CEO Vas Narasimhan at the White House, where the pharmaceutical executive outlined plans to expand the company’s footprint in the United States. Speaking to workers at a steel plant in Rome, Georgia, Trump said Narasimhan informed him that Novartis is building 11 manufacturing plants in the […]

China Signals Possible Tariffs on French Wine Amid EU Trade Tensions

By admin February 11, 2026 No comment

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China could investigate French wine imports or impose reciprocal tariffs on European Union products if France pushes for tougher trade measures against Chinese goods, a social media account linked to state broadcaster CCTV said on Wednesday. The warning followed a French strategy report urging the EU to consider a 30% blanket tariff on Chinese imports […]

Trump Tells Norway He No Longer Feels Bound to Pursue Only Peace

By admin January 19, 2026 No comment

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U.S. President Donald Trump told Norway’s prime minister that he no longer feels obliged “to think purely of peace,” citing his failure to win the Nobel Peace Prize, while again pressing his demand for U.S. control of Greenland. The remarks were made in a written response to a message from Norwegian Prime Minister Jonas Gahr […]

Trump Mocks Macron, Claims Tariff Threat Forced France on Drug Prices

By admin January 7, 2026 No comment

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US President Donald Trump has mocked French President Emmanuel Macron, claiming he pressured France into sharply raising prescription drug prices by threatening steep tariffs on French imports. Addressing Republican lawmakers, Trump recounted a dramatic exchange in which he said France initially resisted his demand to increase drug prices, arguing that Americans were