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.
USA
Elon Musk loses $29 billion in a day as Tesla shares take a hit.
The tech-heavy Nasdaq 100 was down 4% overall while the S&P 500 was down 3%.
More U.S. Airlines Lower Outlook Due to Economic Uncertainty.
U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending.
Ontario announces 25 percent tax increase on electricity exports to U.S. in response to Trump’s trade war.
“Believe me when I say I do not want to do this. I feel terrible for the American people who didn’t start this trade war. It’s one person who is responsible, it’s President Trump.”
Arab leaders endorse $53bn plan to rebuild Gaza as alternative to Trump idea.
“The Egypt plan is now an Arab plan,”
Canadian premier threatens to cut off US electricity exports ‘with a smile on my face’ as Trump’s trade war rages.
Ontario Premier Doug Ford says he’s willing to cut off power supply to the US if President Donald Trump continues with tariffs against Canada.
Trump’s tariffs on Canada, Mexico and China come into effect.
imposing one of the largest increases in US tariffs since the 1930s in a dramatic escalation of a trade war that stands to upend ties with major economic partners.
Zelenskyy heads to US for Trump meeting with minerals deal expected to be signed.
Zelenskyy’s visit is expected to focus in large part on a potential U.S.-Ukraine deal on the European country’s rare-earth minerals, which are used to make a variety of tech products
Trump floats $5 million ‘gold card’ as a path to US citizenship.
President Donald Trump said on Tuesday the US would sell a “gold card” to wealthy foreigners, giving them the right to live and work in the US and offering a path to citizenship in exchange for a $5 million fee.
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
“It’ll go substantially higher over a course of a year,” he said. But he added that he wanted to give time for potentially affected companies to bring their factories to America to avoid tariffs.