China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese e

Trump's erratic, and often confusing, rollout of tariffs has led to unprecedented market volatility and serious damage to investor trust in U.S. assets.

Sportswear giant Adidas has warned import taxes imposed by President Donald Trump will lead to higher prices in the US for popular trainers including the Gazelle and Samba. "Since we currently cannot produce almost any of our products in the US,

The chief of the German sportswear giant said that unpredictability surrounding the tariffs prevented the company from issuing a full-year forecast, but he predicted a price increase for American consumers.

If an angry trading partner wanted to go for U.S. President Donald Trump’s jugular, its head of state might make a speech something like this: “My fellow citizens, for years our nation has been looted and pillaged by American banks,

The administration will allow car makers that finish their products in the US an offset to recover part of the levy on imported parts.

President Donald Trump is set to take action to ease the impact of his tariffs on US car makers, a top White House official says. "This deal is a major victory for the President's trade policy by rewarding companies who manufacture domestically," Commerce Secretary Howard Lutnick said in a statement provided to the Reuters news agency.

Porsche's margins plunged in the first quarter, the sportscar maker said on Tuesday, forcing it to cut its outlook due to weakness in its key market China, a slowing shift to electric cars and U.S. tariffs that are disrupting the global car industry.

Porsche AG expects its profit margin to slip into single digits this year, with the luxury-car maker warning about US tariffs and higher costs from weak electric-vehicle adoption.

Profits at Porsche and Volvo Cars fell sharply in the first quarter as the two European manufacturers warned of a heavy toll on the industry from Donald Trump’s trade war. The automotive industry has rushed to cut costs and protect cash flows after the US president imposed a 25 per cent tariff on all imports of foreign-made cars from early April,