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Jeep owner Stellantis suspends 2025 earnings forecast over tariffs
Jeep owner Stellantis suspends 2025 earnings forecast over tariffs
Business and Economy
by  AFP

Stellantis, the parent company of Jeep, Peugeot and Fiat, said Wednesday it was suspending its 2025 earnings forecast due to uncertainty caused by US tariffs. Nevertheless, Stellantis said it was "suspending its 2025 financial guidance...due to evolving tariff policies, as well as the difficulty predicting possible impacts on market volumes and the competitive landscape."

Japan tariff envoy departs for round two of US talks
Japan tariff envoy departs for round two of US talks
Business and Economy
by  AFP

Tokyo's tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump's trade levies. The yen has risen significantly since Trump's tariffs were announced -- it was trading at 142 for a dollar on Wednesday, compared with 158 in mid-January. kh-hih-kaf/dan