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German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20% tariff on all European car imports, escalating his demand for concessions aimed at lowering the U.S. trade deficit.

Over the past three decades, the global auto industry has gotten, well, more global. Manufacturers built scores of factories outside their home countries to reduce exposure to currency swings, take advantage of cheaper labor and manufacture cars closer to buyers.

New tariffs on imports from China may leave American companies with a choice — pay a higher freight bill now or pay the tariffs starting soon.

The U.S. economy is booming this quarter as tax cuts power consumers and businesses. Yet risks are mounting that the high will be short-lived.

Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company.

When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.

European Union leaders plan to push for improvements in the way the World Trade Organization operates, saying it is important to uphold the global commercial order amid “growing” tensions prompted by President Donald Trump’s tariffs.

Trade tensions between the world’s biggest economies intensified, with China vowing to retaliate “forcefully” against President Donald Trump’s threatened tariffs on an additional $200 billion in Chinese imports.

President Donald Trump is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured — and it also could take a while.

Despite growing concerns of a trade war, one of Chattanooga, Tenn.’s fastest-growing international companies still expects to grow by more than 60% this year shipping goods worldwide.