Trade
Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook
An American flag flies beyond the Volkswagen logo displayed at a Volkswagen dealership on April 4, 2025 in Pasadena, California. Mario Tama | Getty Images News | Getty Images German auto giant Volkswagen on Wednesday reported a substantial drop in first-quarter profit as the carmaker navigates the disruptive impact of U.S. tariffs on the global […]
Read More
Trump’s first 100 days in photos
There is one thing President Donald Trump’s fans and foes can both agree on: A lot has happened over the past 100 days. The Republican president kicked off his nonconsecutive second term on Jan. 20 with a promise to usher in “the golden age of America.” He has wasted no time in implementing his version […]
Read More
White House blasts Amazon over tariff cost report: ‘Hostile and political act’
The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump’s tariffs next to the total price of products on its site. “This is hostile and political act by Amazon,” White House press secretary Karoline Leavitt told reporters. “Why didn’t Amazon do this when the Biden administration hiked […]
Read More
Deutsche Bank posts 39% jump in first-quarter profit, above expectations
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images Germany’s largest lender Deutsche Bank on Tuesday posted higher-than-expected first-quarter profit on robust investment banking performance, as lenders in Europe’s largest economy navigate broader market turbulence instigated […]
Read More
‘It’s unlike anything we have seen before:’ European Union left reeling after Trump’s first 100 days
European leaders have been left reeling after the first 100 days of U.S. President Donald Trump’s second term saw increasing geopolitical and trade turmoil. “It’s unlike anything else we’ve seen before from the U.S. administration,” European Union foreign policy chief Kaja Kallas told CNBC’s “Europe Early Edition” when asked what Trump’s first 100 days have […]
Read More
China insists no tariff talks underway with Trump and Xi or top aides, despite U.S. claims
U.S. President Donald Trump answers reporters’ questions after exiting Marine One at the White House in Washington, D.C., on April 27, 2025. Ken Cedeno | Reuters China on Monday once again denied that it is in talks to resolve its tariff war with the U.S., after a series of statements by President Donald Trump and […]
Read More