#tariffs-and-trade-tensions

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#volkswagen-profit-decline #job-cuts-and-restructuring #electric-vehicle-market-challenges
European startups
fromwww.dw.com
4 days ago

Germany news: Volkswagen profits plummet by almost half

Volkswagen's post-tax profit dropped 44% in 2025 to 6.9 billion euros due to tariffs, weak European demand, slow EV adoption, and Chinese competition, prompting plans to cut 50,000 jobs by 2030.
Business
fromFortune
5 months ago

American distilled spirits are becoming a high-profile target for retaliation amid a costly cold shoulder from Canada | Fortune

U.S. spirits exports fell sharply in 2025, with Canadian imports plunging 85% and provincial bans plus trade tensions reducing international demand.
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