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India eyes opportunity despite Trump tariffs hit
India eyes opportunity despite Trump tariffs hit
Economy
by  AFP

India reacted cautiously on Thursday to US President Donald Trump's sweeping tariffs, with the government saying it was examining both "implications" and "opportunities" from the duty hikes. India's Department of Commerce said on Thursday it is "carefully examining the implications of the various measures".

Germany slams Trump tariffs, US tech titans in crosshairs
Germany slams Trump tariffs, US tech titans in crosshairs
Economy
by  AFP

German Chancellor Olaf Scholz on Thursday slammed sweeping new US tariffs as "fundamentally wrong" as Berlin warned that the European Union could retaliate by targeting American tech titans. US duties of 25 percent on imported cars also took effect Thursday, a huge blow for German titans like Volkswagen, Mercedes and BMW, for whom the United States is a major export market.