The U.S. and Europe have a new trade deal that includes 15% import tariffs on many European goods, including cars. That is good news for the European auto industry, but investors didn’t react happily ...

Although the deal is better than the 30 per cent rate threatened by Trump and will bring clarity for European makers of cars, planes and chemicals, the 15 per cent baseline tariff is well above ...

General Motors revealed its second quarter profits fell by a third, losing more than $1 billion dollars. The car company attributed the loss to tariffs. Its CEO is promising billions of dollars in ...