Christoph Steitz
Chief Company News Correspondent, Germany at Reuters
Chief Company News Correspondent, Germany, Reuters. At the intersection of energy, industry and cars. (Comments are my own, not those of Thomson Reuters)
Articles
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2 weeks ago |
reuters.com | Christoph Steitz |Kalea Hall |Jessica DiNapoli
Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced access to the world's largest market after U.S. President Donald Trump confirmed their worst fears by instituting broad tariffs worldwide.
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2 weeks ago |
msn.com | Christoph Steitz |Kalea Hall |Jessica DiNapoli
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2 weeks ago |
marketscreener.com | Christoph Steitz |Kalea Hall |Jessica DiNapoli
FRANKFURT/DETROIT/NEW YORK (Reuters) - Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced access to the world's largest market after U.S. President Donald Trump confirmed their worst fears by instituting broad tariffs worldwide. Trump ramped up his trade war with tariff rates from 10% to nearly 50%.
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3 weeks ago |
uk.marketscreener.com | Christoph Steitz |Casey Hall |David Gaffen
FRANKFURT/SHANGHAI/NEW YORK (Reuters) - Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced access to the world's largest market after U.S. President Donald Trump confirmed their worst fears by instituting broad tariffs worldwide. Trump ramped up his trade war with tariff rates from 10% to nearly 50%.
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3 weeks ago |
marketscreener.com | Christoph Steitz |René Wagner
FRANKFURT/BERLIN (Reuters) - Far-reaching tariffs announced by the U.S. will deal a major blow to German industry, a major exporter to the world's top economy, sector leaders said, with one institute putting the expected damage at 200 billion euros ($222 billion). Covering everything from cars and auto parts to pharmaceuticals and machinery, the U.S. was Germany's biggest trading partner in 2024, according to the statistics office, with 253 billion euros worth of goods exchanged between them.
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A Reuters review of factory capacity utilisation data shows that @VWGroup is hardly an outlier and it may be in a better place than some of its major rivals when it comes to underused plants. Story by @v_waldersee and @nick_carey: https://t.co/zhzvZG2x0b
Ouch. "It puts the whole financial future of the company at risk," Wayne Griffiths, CEO @CUPRA said of planned European EV tariffs in his interview with @v_waldersee. @VWGroup https://t.co/GsBJzp95VS
RT @reuterssarah: Analysis: #German state elections that dealt a heavy blow to the parties in Chancellor Olaf #Scholz's government and hi…
