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Volkswagen CEO warns Trump’s trade war is crushing demand for autos — and it’s making the first quarter ‘difficult’
"This is a big concern for us, so the first quarter for sure will be a difficult quarter for Volkswagen," CEO Herbert Diess said at Davos.
Trump’s trade war could cost every middle-class American family $453 and could eliminate 292,000 US jobs
President Donald Trump's tariffs will produce a drag on the economy, a loss of American jobs, and lower household incomes accoridng to a new report.
The Chinese cabinet will consider reducing tariffs on US cars to 15% from 40%, a move that would give President Donald Trump a big trade-war win.