President Trump has threatened to impose a 25% tariff on all passenger vehicle imports from the European Union starting next week, up from the current 15%. This move could raise prices for luxury European cars in the U.S. and negatively affect key seaports like Baltimore, Brunswick, and Newark that handle significant EU vehicle imports. The tariffs come amid ongoing tensions over trade and military presence in Germany, and could worsen inflation and supply chain challenges. The EU disputes the claim that it is slow to reduce tariffs on U.S. exports, and the impact will mainly hit luxury brands such as Porsche, BMW, and Mercedes.
The US-Iran ceasefire initiated in early April has failed to resolve key disputes, leaving the strategic Strait of Hormuz closed and energy markets vulnerable. Iran insists on retaining enriched uranium and ending regional conflicts, demands that cla...
Ferrari's stock has declined about 15% recently, creating a rare entry point with a valuation of 28-31x forward earnings. The company’s cautious approach to electric vehicles, targeting 20% EVs by 2030 alongside hybrids and internal combustion engine...
