Trump and EU reach trade deal
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A new factory in Hungary will help the Chinese automaker take on auto giants like Volkswagen on their home turf.
German Chancellor Friedrich Merz said on Monday he was not satisfied with the result of trade talks with the United States, but "more simply wasn't achievable" and added the German economy would suffer "significant" damage due to the agreed tariffs.
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German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and Washington would still hurt.
German Chancellor Friedrich Merz has welcomed the agreement reached in the customs dispute between the European Union and the US. "With the agreement, we have succeeded in averting a trade conflict that would have hit the export-oriented German economy hard,
U.S. trade deal averts a full-on trade war, but is still likely to crimp Europe's already weak economic growth. The region's export powerhouses—drug-pro
Michigan football is in talks to play the first game of its 2026 season against Western Michigan in Frankfurt, Germany.
German Chancellor Friedrich Merz has accepted US accusations that Europe was doing too little to fund its own defence and security, but now believes they are on the same page. "We know we have to do more on our own and we have been free-riders in the past," he told the BBC's Today Programme, "they're asking us to do more and we are doing more."
European stocks are near record highs again, seemingly shaking off tense trade talks and currency headwinds, while volatility has evaporated, giving rise to four key themes that investors are playing as they wait for the next major catalyst.