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Both Honda Motor Co. Ltd. — which on Tuesday was forced to deny reports it was planning to relocate production to the U.S. — and Toyota Motor Corp. have been operating as usual since 25 per cent ...
French luxury giant LVMH posted a 9% sales decline in its wine-and-spirits division due to "weaker demand" in the U.S. and ...
Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa’s retaliatory tariffs ...
The Manila Times on MSN1d
LVMH Q1 sales dip 2%
Luxury giant LVMH saw sales fall 2 percent to 20.3 billion euros ($23 billion) in the first quarter (Q1) of 2025 as United States President Donald Trump's tariffs shook the global economy, the company ...
President Donald Trump also suggested he may impose tariff relief for automakers, which face 25% levies in the U.S. and Canada.
The White House has recently slapped a 25% tariff on all foreign-made cars. In response, Canada imposed a 25% duty on U.S.-made vehicles. The full levy applies to vehicles that are not compliant with ...
These supply chain shifts away from the U.S. increase the pressure on Trump's strategy—to use tariffs to draw more investment in manufacturing and production into he U.S.—to pay off. Nvidia's $500 ...
In a surprising twist amid escalating global trade tensions, the European Union has decided to remove American bourbon and ...
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President ...