Audi will invest about $4 billion in a Georgia SUV plant as US tariffs push global automakers to localize production and reconsider European capacity.
The US imposes 50% tariffs on key Canadian imports, escalating trade tensions and challenging the USMCA agreement with broad economic and policy consequences.
US President Trump and Chinese leader Xi Jinping meet in Beijing to discuss Iran Strait blockade, Taiwan tensions, and trade, signaling potential shifts in global economic dynamics.
The ifo Institute warns that US auto tariffs could trigger a German recession by 2026 if the EU responds with retaliatory duties, escalating transatlantic trade tensions.