Additional US tariffs would burden the chemical and pharmaceutical industries on both sides of the Atlantic, German industry group VCI said on Monday.
“A tariff spiral would cause high economic costs in both Europe and the US,”
Kate WhannelPolitical reporter
Prime Minister Sir Keir Starmer has said a trade war is in “no-one’s interest” after Donald Trump threatened to impose a 10% tax on imports from the UK and other countries who oppose his plans to take control of Greenland.
» Read more about: Trade war in no-one's interest, says PM in face of Trump threats »
Europe must engage in talks with the United States to “avert a trade war” over Greenland, the co-leader of the far-right Alternative for Germany (AfD) said on Monday.
In a post on X, Alice Weidel said “the goal must now be talks” to find a solution to the dispute with US President Donald Trump,
This article first appeared on GuruFocus.
Cathie Wood, founder of Ark Investment, purchased 5,500 shares of Taiwan Semiconductor Manufacturing Company (NYSE:TSM), worth about $1.89 million.
The move comes after TSMC reported a strong fourth quarter,
» Read more about: Cathie Wood Bets Big on TSMC — Loads Up Millions After Strong Q4 Earnings »
Institutional investors are back and how.
The U.S.-listed exchange-traded funds (ETFs) investing in bitcoin (BTC) and ether (ETH) pulled in billions last week, registering their best week in three months.
The 11 spot bitcoin ETFs registered a net inflow of $1.42 billion last week,
» Read more about: Bitcoin and ether ETFs log their best week since October »
I continually remind my readers that they shouldn’t worry too much when they read or hear reports of Social Security’s imminent collapse. Once Congress works up the nerve to deal with the issue (and once the American people accept the fact that the program needs reform), they will get around to passing amendments to the Social Security laws that will keep the program solvent for generations to come.
» Read more about: Changing times: How Social Security has evolved »
The actions of investors speak louder than words, pointing to growing skepticism about the current bull-market rally.
The third year of Wall Street’s bull market rally didn’t disappoint investors. When the closing bell tolled for 2025, the mature stock-driven Dow Jones Industrial Average (^DJI 0.17%),
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European lawmakers say they will not be blackmailed, as they respond to President Donald Trump’s threats of tariffs against countries voicing support for Greenland.
» Read more about: Europe Today: EU-US trade war looms as Davos week begins »
A trade war is “not the right way to resolve differences” within an alliance, Sir Keir Starmer has said.
At a Downing Street press conference to address the Greenland crisis, the prime minister appeared to rule out slapping the US with retaliatory tariffs.
ARK Invest CEO Cathie Wood, known for big bets on disruptive technologies, said she sees strong gains for U.S. equities in the next few years.
Wood suggested falling interest rates, tax cuts, and deregulation could help support investments in technology that spur growth.
Worries about an AI bubble have some on Wall Street expecting the market’s brisk pace of recent gains to cool down this year.
» Read more about: Why Tech Fund Manager Cathie Wood Sees a ‘Golden Age’ for US Stocks Ahead »
