Vattenfall: Tariffs Could Dampen Europe’s Power Demand
Tuesday, 29 April 2025 () The tariff threats could reduce electricity demand in Europe as investors could be more hesitant to invest in new factory capacity amid the ongoing trade wars, the top executive of Swedish utility giant Vattenfall told Reuters on Tuesday. “I think we see a bit of hesitation when it comes to investments and the next steps, and that could possibly delay the increased (power) demand somewhat,” Anna Borg, chief executive officer at Vattenfall, told Reuters. Europe’s industry has been at a disadvantage compared to U.S. and Chinese…
European Commission President Ursula von der Leyen has delivered a bold statement: “The West as we knew it no longer exists.” In a powerful new interview, she blames President Trump’s aggressive..
President Donald Trump has escalated his trade war, calling the European Union "pathetic" and slapping a massive 20% tariff on all imports from the bloc. Europe now joins China, Japan, Taiwan, and..
Trump's Auto Tariff Revokes Trade War – Markets Plunge, Japan & Europe Furious, Economic Chaos
In a stunning trade war escalation, President Trump has imposed a massive 25% tariff on all imported..
Tuesday, 29 April 2025 ()
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