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Germany slams Trump tariffs, US tech titans in crosshairs
Germany slams Trump tariffs, US tech titans in crosshairs
by  AFP

German Chancellor Olaf Scholz on Thursday slammed sweeping new US tariffs as "fundamentally wrong" as Berlin warned that the European Union could retaliate by targeting American tech titans. US duties of 25 percent on imported cars also took effect Thursday, a huge blow for German titans like Volkswagen, Mercedes and BMW, for whom the United States is a major export market.

India says 'examining the implications' of US tariffs
India says 'examining the implications' of US tariffs
by  AFP

India said Thursday it was "examining the implications" of sweeping US tariffs, saying it was eyeing "opportunities" after rival competitors were harder hit by US President Donald Trump's hike in duties.

Trump tariffs spark fears for Asian jobs, exporting sectors
Trump tariffs spark fears for Asian jobs, exporting sectors
by  AFP

Across Asia, factory workers, directors, trade associations and analysts voiced concern Thursday that US President Donald Trump's stinging tariffs could put jobs at risk and hammer key sectors of industry. Vietnam was hammered with huge tariffs of 46 percent as part of Trump's global trade blitz, which sent shares tumbling more than seven percent in Hanoi on Thursday.

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