US tariff threat hits foreign automaker shares - Deutsche Bank slashes over 7,000 jobs - Argentina suffers under plummeting peso
US trade officials are believed to have told President Donald Trump that European car imports harm US national security. German carmakers are concerned that Trump could use the report to justify tariffs.
Donald Trump doesn't want to see any more BMWs or Mercedes on Fifth Avenue in New York. To that end, he has made different, partly contradictory threats and offers in the trade conflict with the EU. Will it work for him?
US President Donald Trump gave his "word" to the EU Commission head that he would hold off on tariffs on EU cars, Juncker told German media. Representatives of US car makers warned a tariff hike would backfire.
Leading German car executives have been invited to Washington for talks with the US government. The auto pow wow offers carmakers the chance to speak their mind, but what they don't say might carry the most weight.
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