Audi’s $4bn Georgia factory may cut US tariff exposure but adds pressure on Volkswagen’s European plants, jobs and supply chains.
Trump warned the EU of steep tariffs or a trade halt if Brussels deepens ties with Canada, adding risk for UK and European markets.
The US has imposed 50% tariffs on Canadian goods, impacting trade flows and stirring concerns over effects on sterling and European markets, including London's financial sector.
US President Trump delays planned 25% tariffs on EU car imports until July 4, easing pressure on UK exporters and stabilizing London market expectations amid ongoing trade talks.
Rising US tariffs on EU automobiles threaten German growth, risking recession and causing sterling volatility amid trade tensions impacting UK and European markets.