Donald Trump and his tariffs: "The EU must avoid a major trade war at all costs" In a recent report, Donald Trump comments on the need to avoid a trade war between the US and the EU. The former president starts by emphasizing that cooperation on trade issues is beneficial for both sides. For Trump, one thing is clear: economic relations must not be jeopardized, as this could have a significant impact on global markets. At a time when many countries are struggling with economic uncertainty, this appeal is more important than ever. The question remains whether the current political players are prepared to pursue this course and find diplomatic solutions to avoid a potential conflict. It remains to be seen how trade relations will develop and what steps the European Union and the USA will take to prevent an escalation.
Volkswagen's Traton sees weak truck market in 2025
Volkswagen's truck division Traton $8TRA (-4,13 %) has given a cautious outlook for the commercial vehicle market in 2025. In a recent statement, it becomes clear that the continuing weakness in Europe, especially in Germany, will weigh on the company's results. Traton expects sales figures to range between -5% and +5% and operating revenue to be between 7.5% and 8.5%. This outlook is heavily dependent on geopolitical developments, particularly in the USA. Despite these challenges, Traton was able to record an adjustment in the operating result to 9.2% in 2024, which was above expectations. This is particularly noteworthy as vehicle sales declined. The stable annual turnover of 47.47 billion euros and an adjusted operating result of 4.38 billion euros show that the company's efficiency measures are having an effect. Nevertheless, the industry is struggling with falling orders after the pent-up demand caused by the pandemic led to record sales in 2023. Traton is also facing the challenge of the transition to electric vehicles and increasing competitive pressure from China. It remains to be seen how the company can hold its own in this rapidly changing market.
Sources:
https://finance.yahoo.com/news/volkswagens-traton-sees-tepid-truck-070329119.html
