• Volvo cars drop IPO due to trade tensions

    2 monthes ago - By Reuters

    China will respond if the United States takes any new steps on trade, the foreign ministry has warned, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. As Sonia Legg reports, Chinese carmaker Geely is reportedly delaying plans to list Volvo Cars due to uncertainties created by escalating trade tensions.
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  • UBS analysed 450 million words to find the companies most worried about Trump's trade war

    2 monthes ago - By Chron

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    UBS analysed hundreds of thousands of earnings calls to understand which companies are most impacted by US President Donald Trump's trade war.
    UBS found that words like trade, tariffs, and trade war have been used more often in the last year than at any other point since 2010.
    The automotive sector has discussed the trade war most frequently and has seen the biggest impact in terms of share price drops.
    When it comes to macroeconomic risks for businesses, Donald Trump's trade war is pretty much the only game in town right now.
    Trump's tariffs on goods flowing into the USA from...
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