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Stock Investors Expect Rally as Europe Clinches US Trade Deal
  • Finance

Stock Investors Expect Rally as Europe Clinches US Trade Deal

Cs news12 hours ago12 hours ago01 mins

Investors expect automakers and luxury goods makers to lead a relief rally in European stocks when the market reopens on Monday, after the US and European Union agreed to a trade deal. The pact, which will see the bloc face 15% tariffs on most of its exports including autos, was announced Sunday by President Donald…

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Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost
  • World News

Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost

Cs news4 months ago04 mins

PARIS (Reuters) – French automotive suppliers Novares and Valeo are asking customers to cover the full cost of new U.S. duties upfront, company executives said, underlining the hit to global carmakers from President Donald Trump’s tariffs on car imports. The U.S. began collecting tariffs of 25% on foreign auto imports from April 3, which Trump…

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  • Elon Musk’s Tesla signs $16.5 billion chip supply deal with Samsung; South Korean giant’s shares jump over 6% July 28, 2025
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