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GM's got an advantage in the rare earth minerals trade war that could upend the industry
GM formed alliances with 2 rare earth mineral processing companies to domestically source materials for parts GM uses in EVs.
The days around Trump’s trade war announcements saw spikes in lawmaker stock market transactions
In the days before President Donald Trump suddenly paused most of the punishing tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to thousands of dollars’ worth of stock transactions,
Trump's trade war could drag global economic growth to the lowest since the 1960s, World Bank says
The World Bank says tariffs will hurt global growth, estimating that the trade war will shave almost half a percentage point from world GDP growth this year.
Trade War Resolution May Require Concessions From All, ECB's Lagarde Says
FRANKFURT (Reuters) -Coercive trade policies fail to resolve financial imbalances and the risk of mutual economic damage is so great that all sides need to weigh policy adjustments to resolve tensions, European Central Bank President Christine Lagarde said on Wednesday.
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World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
Trade War Adds Risk to Irish Financial System, Regulator Warns
Rising geopolitical tensions and shifts in trade policy have increased risks to Ireland’s financial system, the country’s regulator warned.
Trade War Sparks Biggest Drop in Chinese Exports to U.S. Since Pandemic
Chinese shipments to the U.S. sank 35% from a year earlier in May, data showed Monday. + Barring a 54% collapse in China-to-U.S. trade in February 2020, at the onset of the pandemic, that was the bigg
Inflation probably inched up in May as trade war got underway
Fresh inflation figures due out Wednesday could offer an early glimpse into whether President Donald Trump’s tariffs are beginning to drive up the cost of everyday products.
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