Volkswagen is negotiating directly with the U.S. government to ease tariffs in exchange for deeper investment commitments.
Volkswagen CEO Oliver Blume confirmed that the company is in talks with the U.S. government over potential tariff relief and future investments. While the main contact is reportedly U.S. Secretary of Commerce Howard Lutnick, the matter has also reached President Donald Trump. Blume stated that Volkswagen is eager to expand its investments in the U.S., where it already employs over 20,000 people directly and more than 55,000 indirectly.
Blume stressed that foreign companies investing in the U.S. should be offered favorable terms. Meanwhile, Handelsblatt reports that Mercedes-Benz and BMW are also seeking to negotiate tariff arrangements with the U.S. government.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that...
Chinese President Xi Jinping and U.S. President Donald Trump are holding high-level talks in Beijing on Thursday, following a ceremonial welcome, w...
An article published in The Lancet...
U.S. President Donald Trump’s meeting with President Xi Jinping in Beijing com...
More than 100 people were killed ...
U.S. President Donald Trump’s meeting with President Xi Jinping in Beijing comes as China enters a period of strategic consolidation aimed at building a parallel international system to Washington’s, a China specialist has said.
Thousands of fans turned out in Iran's capital Tehran for a massive farewell ceremony on Wednesday night for their national football team, wishing them success before their departure for the World Cup 2026 matches co-hosted by the United States and Mexico.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 14th of May, covering the latest developments you need to know.
Ukraine has stepped up attacks on Russian energy facilities in recent months, amid stalled progress in peace negotiations. The strikes have targeted refineries, processing plants, pipelines and export infrastructure, causing repeated disruptions across Russia’s energy sector.
Just one week after a similar move by Australia, Greece announced that it will ban access to social media for children under the age of 15 from January 1, 2027, as governments around the world weigh tougher rules amid growing concerns over mental health, safety and screen addiction.
U.S. President Donald Trump said he does not think he will need China's help to end the war with Iran as he left for a high-stakes summit in Beijing on Tuesday, as hopes for a lasting peace deal dwindled and Tehran tightened its grip over the Strait of Hormuz.
The 79th edition of the Cannes Film Festival has officially opened on the French Riviera, once again transforming Cannes into the global centre of cinema, fashion, and entertainment.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that the conflict is causing a shift in alliances across the Middle East.
The Iranian President Masoud Pezeshkian has instructed his first deputy to fulfill the public’s expectations regarding the access to the Internet services and platforms amid a wartime shut-down of international connection since late February.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment