Now China no longer needs Germany—and Germany wants a divorce. For the first time in decades, German businesses and politicians are questioning the unfettered free trade that turned the country into an industrial powerhouse. Its manufacturers want protection from cheaper, faster and increasingly better Chinese rivals. German Chancellor Friedrich Merz said last month that Berlin…
By David Lawder WASHINGTON, November 3 (Reuters) -U.S. factory equipment maker OTC Industrial Technologies has long used low-cost countries to supply components – first China and later India – but President Donald Trump’s blitz of tariffs on numerous trade partners has upended the supply chain math for CEO Bill Canady. “We moved things out of…
By Dan Burns (Reuters) -The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods. The overall trade gap narrowed 16.0% in June to $60.2 billion, the Commerce Department’s Bureau of…
The Indian National Congress (INC) on Monday responded after the Supreme Court rapped Rahul Gandhi for his remarks against the Indian Army in 2022. Following the top court hearing, the opposition party accused the Modi government of hiding the truth on India’s ties with China since the 2020 Galwan clash. The Congress accused the Modi…
TIMOTHY A. CLARY/AFP via Getty Images 2025-06-18T17:52:40Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Apollo…