Trump Imposes 50% Tariff on Brazil
Digest more
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), a Swedish company, repeatedly cautioned this year that any US tariffs on European imports could affect its profit margins by around one percentage
The pause on the biggest of Trump's tariffs won't pass this week, as planned, but the problems they present still loom large.
Making AI-chip monster Nvidia (NVDA.O) the first company to be valued at $4 trillion briefly on Wednesday, investors parsing another wave of tariff hikes and confusion seem keener to look through the fog and bank on long-term themes regardless.
European stocks advanced on Thursday, supported by gains in mining shares, as investors looked for signs of progress in trade talks between the United States and the European Union.
Shares of European wine and spirits distillers were given a boost during overseas trading thanks to efforts by the European Union to seek an exemption from U.S. trade tariffs. Shares of Remy Cointreau SA (OTCPK:REMYF) (OTCPK:REMYY),
European spirits makers rose on Tuesday on expectations that the sector could be subject to concessions in an eventual trade deal between the United States and the European Union. Three sources told Reuters on Monday that spirits,