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☆ Germany's auto giants are already reeling. Now Trump wants to turn them into American companies.
▼ + stars: | 2024-12-17 | by ( Sam Meredith | ) www.nbcnews.com time to read: +5 min

Speaking on the campaign trail in late September, Trump announced his desire to turn Germany’s auto giants into American car firms. Rico Luman, senior sector economist for transport and logistics at Dutch bank ING, said Germany’s auto sector appears to be significantly exposed to Trump’s tariff threats. The potential imposition of tariffs on Germany’s carmakers, Luman said, would therefore make a bad situation even worse. “We are evaluating the tariffs Trump has proposed,” a spokesperson for Volkswagen told CNBC via email. Nonetheless, it is thought that Trump’s proposed tariffs on Canada and Mexico would bring an end to the USMCA.

Persons: Donald Trump’s, Trump, ” Trump, Europe wasn’t, it’s, Rico Luman, Luman, ” Luman, ” Michael Robinet, ”, Julia Poliscanova, ” Poliscanova Organizations: Union, Volkswagen, Mercedes, Benz Group, BMW, ING, Eurostat, ING Research, U.S, CNBC, Benz, P Global Mobility, Trump, Transport, Environment, America Locations: U.S, European, German, American, Savannah , Georgia, China, Canada, Mexico, Europe, Trump’s, Germany, United States, Wolfsburg, North America, Spartanburg , South Carolina

☆ She invited a stranger to join her on vacation in Italy. ‘It went from zero to 100, really, really quick’
▼ + stars: | 2024-07-05 | by ( Francesca Street | ) edition.cnn.com time to read: +25 min

“I was like, ‘Okay, let’s see what the guys look like in Vienna,’” Carter recalls. “If I’m going to meet up with this guy, I should FaceTime him to make sure he’s real,” she thought. “I was thinking, ‘This is either going to go really good or really bad,’” Carter recalls. “It went from zero to 100, really, really quick, in terms of comfort. And either I’m going to have to move here, or he’s going to have to move to America.

Persons: CNN — Carter Leathers, Italy –, Carter, Max Ratzenböck, ” Carter, Max, she’d, ’, “, ‘ I’m, ’ ”, whiling, ”, ’ ” Carter, I’d, it’s, I’m, Bumble, Max swiped, Max couldn’t, ” Max, Carter Ratzenböck Carter, Florence –, he’d, “ I’m, We’d, you’re, Carter’s, –, Pretty, Max's, Carter Ratzenböck, Florence’s, ” Here's Carter, marveling, He’s, they’d, ‘ We’re, They’d, Alex Katz, Austria who’d, “ It’s, “ I’ve, Max’s, ” Carter didn’t, Europe – she’d, Carter –, serendipitously, Max it’s, Max – Organizations: CNN, CNN Travel, Austrian, Opera House, Schönbrunn, Ferris, Viennese Opera, Vienna, Intelligence, ”, America Locations: Florence, Italy, Sacramento , California, Europe, California, Rome, Vienna, Austria, Austrian, Tuscany, Italian, Ponte Vecchio, osterias, ”, “, America, Sacramento, San Francisco, Napa Valley, Monterey, Paris, accilimatize, Ponte

☆ Why a European stock index is crushing its US peers
▼ + stars: | 2023-04-14 | by ( Julia Horowitz | ) edition.cnn.com time to read: +5 min

By comparison, the Dow Jones Industrial Average in the United States has climbed 2%. Those “growth” stocks gave investors a stake in firms that were on track to expand their businesses quickly and generate hefty returns. Now, investors are more drawn to “value” stocks: companies thought to be trading at a discount based on their financial performance. That’s been a “near-perfect combination” for European stocks to beat their US peers, he added. Economists at the Fed predict the United States will fall into a “mild” recession as a result of the recent banking crisis.

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