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Stellantis sees greater tariff impact after $2.7 bln first-half loss
Stellantis expects more impact from U.S. tariffs on vehicles and auto part imports in the second half of 2025, the company said on Monday as it reported a preliminary 2.3 billion euro ($2.7 billion) net loss for the first six months of the year.
Legit.ng on MSN2d
US tariffs, laws push Jeep owner Stellantis into 2.3-bn-euro first-half net loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.
Tech Xplore2d
US tariffs help push Jeep owner Stellantis into big loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.
SSAB posts profit miss as tariffs shake European steel market
SSAB's earnings fell more than expected in the second quarter, hit by lower steel prices and a weakening European market due to tariff-driven uncertainty, the Swedish steelmaker said on Wednesday, sending its shares more than 7% lower.
As the Dollar Slides, the Euro Is Picking Up Speed
“Further euro strength is likely to be self-defeating,” said Valentin Marinov, a currency strategist at Crédit Agricole, a French bank. Exports were already likely to weaken and become a drag on the eurozone economy because of U.S. tariffs and European government policies that would encourage more imports.
Council on Foreign Relations10h
An Alternative Tariff Strategy for the Trump Administration
As the tariff pause ends, the Trump administration should pivot to a more targeted and strategic policy that minimizes domestic harm.
Greek Reporter7d
Greece Among Most Exposed Emerging European Economies to US Tariffs
UBS warns Trump’s proposed US tariffs could significantly impact Greece’s exports, posing risks to growth through 2026.
Stocks slip as investors eye tariff impact among corporate earnings
Major stock markets slipped on Tuesday as New York backed off its record highs and European markets fretted over an August 1 deadline for the EU to avert steep tariffs
Impact of US tariffs varies across European Union
The EU as a whole has an annual trade surplus with the United States of $235.6 billion, according to the Bureau of Economic Analysis (BEA), which reports to the U.S. Department of Commerce. Only China has a higher amount. Ireland has the largest surplus among EU members, at $86.7 billion.
Morningstar3mon
Dollar Slides Against the Euro on Tariff Fallout - Morningstar
European currency markets saw significant movements on Thursday, with the US dollar falling against the euro and safe-haven currencies like the Japanese yen and Swiss franc returning to favor. The ...
Stellantis expects $2.7B loss as U.S. tariffs, emission fines hit hard
Stellantis reported a preliminary $2.7 billion first-half loss while dealing with the impact of U.S. tariffs on vehicles and auto parts.
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