President Donald Trump is now facing a crisis of confidence on the economy, according to a new poll. The latest CNBC poll, conducted between October 8-12, shows that Trump’s approval rating on the economy stands at 42 percent, with 55 percent disapproving. The -13 net approval on the economy is the lowest of any CNBC…
Beijing has said it was ready for a fight with the U.S. after President Donald Trump threatened to impose additional tariffs on Chinese goods. Newsweek has contacted Beijing’s embassy in Washington, D.C and the White House via email for comment. Why It Matters A statement by China’s Trade Ministry, echoed by the state newspaper the…
Porsche slows EV rollout, trims 2025 profit forecast amid weak demand, China pressures and US tariffs. Porsche AG on Friday dialled back plans for its electric vehicle rollout due to weaker demand, pressure in key market China and higher U.S. tariffs, causing the luxury sportscar maker and its parent Volkswagen to slash their 2025 profit…
President Donald Trump‘s simmering trade feud with India, a key U.S. economic and defense partner, has raised fears that New Delhi could be pushed deeper into Russia and China’s orbit. Trump imposed a 25-percent tariff of all Indian goods coming into the United States from August 1 as well as an unspecified extra penalty for…