Donald Trump tariff impact: Jeep parent company Stellantis sees $2.7 billion loss; revenue dips 12.6%
Tuesday, 22 July 2025 () Stellantis reported a substantial net loss of 2.3 billion euros in the first half of the year, impacted by new US tariffs and significant charges related to legislative changes. North American sales declined sharply, prompting production adjustments and program cancellations. The company is implementing measures to improve performance amidst economic and regulatory uncertainty, anticipating a stronger second half.
President Donald Trump announced a “massive” $500 billion trade agreement with Japan, calling it the “largest deal ever made.” Trump claims the deal will create hundreds of thousands of U.S. jobs, open Japanese markets for American cars, trucks, rice, and agriculture, and include key projects...
In a bombshell announcement, U.S. President Donald Trump has declared a “Full and Complete Trade Deal” with South Korea — worth a staggering $350 billion in American-controlled investments...
EU Commission President Ursula von der Leyen announced that Brussels will delay retaliation against U.S. steel and aluminum tariffs as talks with Washington continue. President Trump disrupted months..
Donald Trump has revealed details of a “very good” phone call with Chinese President Xi Jinping, signaling a thaw in U.S.-China tensions. Trump said the two leaders have invited each other for..
Tuesday, 22 July 2025 ()
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