Daimler issues profit warning on back of US-China trade dispute
(The Guardian Germany)

Mercedes-Benz maker expects the tit-for-tat tariff spat to hit car salesThe Mercedes-Benz maker Daimler has become the first major company to issue a profit warning after being hit by the escalating trade war between the US and China.The German carmaker said on Wednesday night that it expected profits this year to be `slightly below the previous year´s level`. It had previously pencilled in a slight rise. Continue reading...