(Corrects typo in headline) (Reuters) - Shares of Indian automaker Tata Motors sank 8% on Monday after Jaguar Land Rover (JLR), which makes luxury cars, paused exports of its British-made cars to the U.S. following President Donald Trump's 25% tariff came into effect. The slide on the day takes the stock's tumble to 20% since Trump announced the import duties...

03:08 PM EDT, 04/07/2025 (MT Newswires) -- Apple ( AAPL ) is considering to outsource more iPhone manufacturing to India to avoid the high overheads from China tariffs, The Wall Street Journal reported Monday, citing sources. The adjustments are a temporary fix since Apple ( AAPL ) views the situation as too bleak to uproot long-term investments in its supply...

02:56 PM EDT, 04/07/2025 (MT Newswires) -- The Trump administration's nonsensical tariffs will sow long-term structural dislocation if implemented, Oppenheimer said in a note Monday. While we harbor strong views on unfolding chaos with tariff announcements, we will just say, 'You reap what you sow,' the firm said. The firm said GE HealthCare Technologies ( GEHC ) , Varex Imaging...

VERONA, Italy (Reuters) - The outlook for Prosecco, Brunello di Montalcino and other Italian wines in the United States is increasingly gloomy, producers and importers said, following President Donald Trump's imposition of a 20% tariff on European imports. Italy exports more wine to the U.S. than any other country. Last year, it sold 2 billion euros ($2.2 billion) worth of...