US Becomes Germany's Top Trading Partner, But Car Tariffs Threaten Economic Fallout
In 2024, the US surpassed China as Germany's top trading partner, with a total trade volume of €252.8 billion. However, President Trump's threat of imposing around 25% tariffs on imported cars could severely harm Germany's automotive industry, potentially leading to significant job losses and econom...
US Becomes Germany's Top Trading Partner, But Car Tariffs Threaten Economic Fallout
In 2024, the US surpassed China as Germany's top trading partner, with a total trade volume of €252.8 billion. However, President Trump's threat of imposing around 25% tariffs on imported cars could severely harm Germany's automotive industry, potentially leading to significant job losses and econom...
Progress
44% Bias Score
Trump Threatens Steep Semiconductor Tariffs, Potentially Reshaping Global Chip Production
President Trump threatened 25% tariffs on semiconductors, potentially increasing to 100% within a year, to boost domestic production, impacting global supply chains and potentially prompting deals like a possible TSMC takeover of Intel's chip factories; exemptions are being considered for Australia.
Trump Threatens Steep Semiconductor Tariffs, Potentially Reshaping Global Chip Production
President Trump threatened 25% tariffs on semiconductors, potentially increasing to 100% within a year, to boost domestic production, impacting global supply chains and potentially prompting deals like a possible TSMC takeover of Intel's chip factories; exemptions are being considered for Australia.
Progress
36% Bias Score
EU Lawmakers to Meet US Officials Amid Digital Regulation Dispute
Next week, EU lawmakers will meet with US officials in Washington D.C. to discuss concerns over the EU's Digital Services Act (DSA) and Digital Markets Act (DMA), amid threats of reciprocal tariffs and accusations of censorship from the US.
EU Lawmakers to Meet US Officials Amid Digital Regulation Dispute
Next week, EU lawmakers will meet with US officials in Washington D.C. to discuss concerns over the EU's Digital Services Act (DSA) and Digital Markets Act (DMA), amid threats of reciprocal tariffs and accusations of censorship from the US.
Progress
44% Bias Score
US Becomes Germany's Top Trading Partner Amidst Threat of Auto Tariffs
In 2024, the US regained its position as Germany's top trading partner, exceeding China with a total trade volume of €252.8 billion; however, President Trump's potential 25% tariff on imported cars threatens Germany's €161.4 billion in exports to the US, jeopardizing the German automotive industry a...
US Becomes Germany's Top Trading Partner Amidst Threat of Auto Tariffs
In 2024, the US regained its position as Germany's top trading partner, exceeding China with a total trade volume of €252.8 billion; however, President Trump's potential 25% tariff on imported cars threatens Germany's €161.4 billion in exports to the US, jeopardizing the German automotive industry a...
Progress
44% Bias Score
US Tariffs Threaten German Economy: 2024 Trade Data Reveals Vulnerability
In 2024, the US surpassed China as Germany's top trading partner (€252.8 billion vs €246.3 billion), with US-bound German exports reaching €161.4 billion (+2.2%). However, rising tariffs threaten the German economy, potentially leading to a 1%+ contraction and 300,000 job losses, while China's indus...
US Tariffs Threaten German Economy: 2024 Trade Data Reveals Vulnerability
In 2024, the US surpassed China as Germany's top trading partner (€252.8 billion vs €246.3 billion), with US-bound German exports reaching €161.4 billion (+2.2%). However, rising tariffs threaten the German economy, potentially leading to a 1%+ contraction and 300,000 job losses, while China's indus...
Progress
40% Bias Score
Philips Posts €698 Million Loss Amidst US Settlement and China Sales Decline
Philips reported a €698 million net loss in 2022, largely due to a $1.1 billion US settlement for sleep apnea devices, following a €463 million loss in 2023; decreased Chinese sales offset by North American growth; the company is restructuring and expanding production outside China to mitigate trade...
Philips Posts €698 Million Loss Amidst US Settlement and China Sales Decline
Philips reported a €698 million net loss in 2022, largely due to a $1.1 billion US settlement for sleep apnea devices, following a €463 million loss in 2023; decreased Chinese sales offset by North American growth; the company is restructuring and expanding production outside China to mitigate trade...
Progress
44% Bias Score
Labor Unions Urge Trump to Counter China's Shipbuilding Dominance
Four major US labor unions called on President Trump to penalize China for its shipbuilding dominance, citing over 1000 Chinese-made vessels in 2023 versus fewer than 10 US vessels and billions in Chinese government support, impacting US jobs and national security.
Labor Unions Urge Trump to Counter China's Shipbuilding Dominance
Four major US labor unions called on President Trump to penalize China for its shipbuilding dominance, citing over 1000 Chinese-made vessels in 2023 versus fewer than 10 US vessels and billions in Chinese government support, impacting US jobs and national security.
Progress
48% Bias Score
Trump Trade" Reversal Creates Global Market Uncertainty
Despite strong Q4 earnings, the "Trump trade" investment strategy has reversed, causing market uncertainty due to President Trump's fluctuating policies on tariffs and immigration, increasing the risk of a global trade war.
Trump Trade" Reversal Creates Global Market Uncertainty
Despite strong Q4 earnings, the "Trump trade" investment strategy has reversed, causing market uncertainty due to President Trump's fluctuating policies on tariffs and immigration, increasing the risk of a global trade war.
Progress
52% Bias Score
Trump Threatens 25% Tariffs on Cars, Semiconductors, and Pharmaceuticals
On February 18th, President Trump announced potential 25% tariffs on imported cars, semiconductors, and pharmaceuticals, starting in April, aiming to reduce the US trade deficit and incentivize domestic investment. This follows similar tariffs on steel and aluminum, eliciting cautious responses from...
Trump Threatens 25% Tariffs on Cars, Semiconductors, and Pharmaceuticals
On February 18th, President Trump announced potential 25% tariffs on imported cars, semiconductors, and pharmaceuticals, starting in April, aiming to reduce the US trade deficit and incentivize domestic investment. This follows similar tariffs on steel and aluminum, eliciting cautious responses from...
Progress
52% Bias Score
Investor Optimism Defies Looming Tariff Threats
Bank of America's survey reveals investors hold record-low cash levels (3.5%), showing optimism despite looming tariff threats; fund managers see gold as a trade-war hedge.
Investor Optimism Defies Looming Tariff Threats
Bank of America's survey reveals investors hold record-low cash levels (3.5%), showing optimism despite looming tariff threats; fund managers see gold as a trade-war hedge.
Progress
48% Bias Score
Trump's Tariffs: Projected Inflationary Impact on US and Global Economy
President Trump's newly announced tariffs on steel, aluminum, and Chinese imports, ranging from 10% to 25%, are projected to take effect between February and March 2025, potentially causing significant inflation in the U.S. and affecting global markets, including Turkey's current account deficit.
Trump's Tariffs: Projected Inflationary Impact on US and Global Economy
President Trump's newly announced tariffs on steel, aluminum, and Chinese imports, ranging from 10% to 25%, are projected to take effect between February and March 2025, potentially causing significant inflation in the U.S. and affecting global markets, including Turkey's current account deficit.
Progress
52% Bias Score
Philips Reports €698 Million Net Loss in 2022 Amidst US Settlement and China Sales Decline
Philips announced a €698 million net loss in 2022, mainly due to a $1.1 billion US settlement related to sleep apnea devices; the company also saw a slight revenue decrease, primarily from lower sales in China, while sales in North America increased, leading to a decrease in the company's stock pric...
Philips Reports €698 Million Net Loss in 2022 Amidst US Settlement and China Sales Decline
Philips announced a €698 million net loss in 2022, mainly due to a $1.1 billion US settlement related to sleep apnea devices; the company also saw a slight revenue decrease, primarily from lower sales in China, while sales in North America increased, leading to a decrease in the company's stock pric...
Progress
52% Bias Score