Category: Consequences

  • Volkswagen warns of ‘harmful’ consequences from Trump’s Mexico tariffs

    Volkswagen has warned that the US administration’s proposed tariffs on imports from Mexico could have a “detrimental economic impact” on both US consumers and the global auto industry. This comes after President Donald Trump indicated this week that he intends to impose tariffs of up to 25 percent on vehicles…

  • Moody’s warns of rating consequences of escalation

    Commenting on the security situation in Israel and its impact on the country’s sovereign rating, Moody’s, the global credit rating agency, said yesterday that the exchange of fire between Israel and Hezbollah on Sunday represents an escalation, but the economic and human costs remain limited and in line with the…