Europe news
fromBusiness Matters
4 months agoTrump's flip-flopping on tariffs rattles european markets
Conflicting signals from President Trump on tariffs are causing market volatility and investor unease across European and US stock markets.
The euro was at a three-week low against the US dollar as renewed trade tensions, fueled by President Trump's tariff announcement, weighed on the common currency.
Todd Litman argues that the dependence on automobiles has led to a paradox where higher reliance on cars correlates with declining economic indicators, challenging the conventional belief that car travel boosts productivity.
The recent strength of the Mexican peso against the dollar reflects domestic wage growth and external economic factors, but caution is necessary due to ongoing vulnerabilities.