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President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.
(Reuters) -Futures tied to Canada’s main stock index slipped on Friday, mirroring global markets, as investors awaited trade developments ahead of President Donald Trump’s tariff deadline next week. Futures on the S&P/TSX index were down 0.
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Money Talks News on MSNTrump's EU Tariffs Could Drive up Olive Oil Prices for U.S. ConsumersTrump's proposed 30% tariffs on EU imports could significantly increase olive oil costs for American consumers who rely heavily on Mediterranean suppliers.
Tricia McLaughlin, the assistant secretary for the Department of Homeland Security, confirmed a report by the Washington Post that ICE ordered staff to place ankle monitors on all people enrolled in the agency's Alternatives to Detention program "whenever possible."
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President Donald Trump insisted Friday that a meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky “will happen," even as the Kremlin ruled out talks between the two leaders in the near term.
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Stocktwits on MSNVolkswagen CEO Hopes To Score A Better Tariff Deal With Trump After Taking A $1.5B Hit: ReportCEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the company score a better tariff deal with President Donald Trump. Speaking to investors after Volkswagen reported results for the first half of 2025,
Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
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Investor's Business Daily on MSNShopify Solves Trump Tariffs, Becomes AI Play, But Google Test LoomsWill Tariffs And AI Continue To Dominate The Market Narrative? "If new duties are announced, most merchants ca