President Trump announces 25% tariff on all imported cars ahead of ‘liberation day’.
U.S. automakers and their global rivals were rocked on Wednesday by President Donald Trump’s announcement that he would impose 25% tariffs on all vehicles
GLOBAL ECONOMIES
Trump administration selling 1,000 ‘Gold Card’ visas daily.
The Gold Card, designed to replace the existing EB-5 investor visa, eliminates the job creation requirement and offers a fast-track residency process.
Heathrow Closure Wreaks Havoc on Travel Plans Worldwide.
Heathrow officials said the airport would remain closed until midnight, but travel disruptions were expected to last into the weekend
Hong Kong’s richest man is in hot water over his company’s Panama Canal ports deal.
Over the past week, Beijing’s Hong Kong affairs offices have posted scathing commentaries from a local state-backed media outlet over the tentative deal by Hutchison, which is controlled by Li’s family.
Violent attacks on Tesla dealerships spike as Musk takes prominent role in Trump White House.
In Trump’s first term, his properties in New York, Washington and elsewhere became a natural place for protest. In the early days of his second term, Tesla is filling that role.
Kenya seeks new IMF deal after abandoning latest review.
Treasury Cabinet Secretary John Mbadi told Reuters last month that the government would be seeking a financing programme.
GM Recalls 90,000 Cadillac, Chevrolet Vehicles Over Transmission Defects.
“In rare cases, the wheels may experience a momentary lock up,” the administration said in a recall notice, increasing the risk of a crash.
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tariff.
It confirmed that its trade commissioner, Maroš Šefčovič, had “reached out to his American counterparts” after Trump threatened retaliation against EU tariffs on Wednesday.
President Trump buys a Tesla in support of ‘Elon’s baby’.
“That’s beautiful,” Trump said, getting into the front seat of a red Model S on Tuesday.
Trump’s Trade War Expands as Metal Tariffs Spur EU Retaliation.
Washington warned Europe that it would have to take care of its own security in the future