Bloomberg European Union leaders vowed an unwavering response to President Donald Trump’s protectionism, signalling a readiness to retaliate should the US escalate a trade war with tariffs on cars. The EU government heads repeated criticism of US duties on foreign metals and expressed support for the bloc’s retaliatory action over those levies, which Trump has justified on national-security grounds. The ...

Bloomberg Canadian business sentiment is running at near-record levels with companies facing the strongest capacity constraints since before the recession, according to a survey by the central bank. The Ottawa-based Bank of Canada’s second-quarter survey of executives — which mostly took place last month before trade tensions escalated with the US — shows an economy in which companies are finding ...

Bloomberg A Tennessee employee of Volkswagen AG sued the automaker and alleged that it has been systematically discriminating against older workers in wake of a massive emissions scandal that tarnished company’s reputation. Jonathan Manlove, former assistant manager in logistics at the automaker’s Tennessee plant, said he was demoted as part of company’s effort to shed its “old diesel image” and ...