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Tag : us tariffs

Nissan shuts seven plants as sales and profits plunge
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Nissan shuts seven plants as sales and profits plunge

egyptezine.com
Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining...
Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision
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Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision

egyptezine.com
Brent crude prices declined nearly 3% on Wednesday, rebounding slightly from a three-year low as U.S. crude stockpiles rose more than expected, adding pressure on oil markets already grappling with OPEC+ plans to increase production...
Nvidia shares sink 9% as investors react to tariff concerns
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Nvidia shares sink 9% as investors react to tariff concerns

egyptezine.com
Nvidia's stock fell nearly 9% on Monday following confirmation from U.S. President Donald Trump that tariffs on imports from Canada and Mexico would take effect on Tuesday. The sharp decline erased approximately $265 billion from...
Global trade concerns push gold beyond $2,950 in record rally
Business

Global trade concerns push gold beyond $2,950 in record rally

egyptezine.com
Gold prices have surged past $2,950 per ounce, setting fresh all-time highs as investors turn to safe-haven assets amid heightened economic and geopolitical risks. The rally is being fueled by concerns over U.S. trade policies,...
EU seeks clarity on US tariffs for steel and aluminum exports
Business

EU seeks clarity on US tariffs for steel and aluminum exports

egyptezine.com
The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union countries. The Commission stated that it would not issue an...