The Volkswagen plant in Hanover, Germany, on Friday. The company’s struggles over the last months have strained its strong ties with its roughly 120,000 workers in Germany.
The incoming president promised “tariffs all the way” unless Europe bought more U.S. oil and gas. European officials have no clear strategy for avoiding a trade war.
U.S. President-elect Donald J. Trump, left, with President Emmanuel Macron of France, center, and President Volodymyr Zelensky of Ukraine in Paris last week.
After fiber-optic cables under the Baltic Sea were cut last month, European officials hurried to stop the Yi Peng 3. It’s still at anchor there, with no update on three nations’ investigation.
Multiple countries are investigating and the authorities in Europe say they have not ruled out sabotage. But U.S. intelligence officials have assessed that the cables were not cut deliberately.
The financing plan, which calls for $300 billion per year in support for developing nations, was immediately assailed as inadequate by a string of delegates.
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
Foreign leaders have rushed to ingratiate themselves with Donald J. Trump in recent days, nervously recalling the clashes, insults and feuds of his first presidency.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Donald J. Trump has said he would transform America’s relationship with allies and adversaries. He has pledged to end the war in Ukraine in 24 hours, increase tariffs and deport millions.
Donald J. Trump has said he would transform America’s relationship with both allies and adversaries. Notably, he has pledged to end the war in Ukraine in 24 hours, increase tariffs and deport millions.
The Georgian Dream party won 54 percent of the vote, the electoral commission said Sunday, a result that critics of the government fear could derail the country’s pro-Western course.
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.
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