A planned rise in US tariffs on EU cars to 25% is adding to cost pressures for Portugal’s auto industry, which is already facing higher energy, logistics and raw-material costs.
A planned rise in US tariffs on EU cars to 25% is adding to cost pressures for Portugal’s auto industry, which is already facing higher energy, logistics and raw-material costs.
France’s BPCE has completed its purchase of Portugal’s Novobanco for €6.7 billion, finalising a major banking deal at a higher price than first estimated.
