US Pres. Trump may impose car taxes next week

Citing EU sources, the WirtschaftsWoche, German business news magazine, reported that US President Donald Trump could impose tariffs on imported cars as early as next week following the G20 meeting in Buenos Aires.

"The report recommends 25% duty on car imports from all countries except Canada and Mexico. There will be no exceptions for certain car types," author Silke Wettach said.

Nov 27, 2018

Wall Street opens modestly lower on revived trade war concerns

Major equity indexes in the U.S. started the day in the negative territory on Tuesday as investors stay cautious ahead of the G20 summit, at which US

US: CB Consumer Confidence Index edges down to 135.7 in Nov from 137.9 in Oct

"The Consumer Confidence Index declined in November, following an improvement in October. The Index now stands at 135.7 (1985=100), down from 137.9 in