European automotive manufacturers expressed deep concern over new U.S. tariffs on foreign-made vehicles, calling it a critical moment for the industry amid rising global competition.
U.S. President Donald Trump signed an executive order imposing a 25% tariff on imported cars and light trucks. The Automobile Manufacturers’ Association (ACEA) warned the move could harm both global automakers and US domestic manufacturing.
ACEA Director General Sigrid de Vries emphasized that European automakers have long invested in the US, creating jobs and boosting local economies. She urged Trump to reconsider, highlighting that tariffs will not only raise costs for American consumers but also impact auto parts, hurting U.S.-based production for exports.
With 50–60% of European-made vehicles in the U.S. exported, ACEA stressed the industry's positive trade balance contribution and called for urgent EU-US dialogue to prevent a trade war.
A new wave of attacks targeting French prisons has emerged overnight, with cars set on fire at several facilities, including at the Tarascon prison in southern France.
Concern over impending 25% tariffs on vehicles imported from Mexico and Canada has spurred U.S. car buyers to expedite their purchases, with many racing to dealer lots to lock in current prices before any increases take effect.
A coalition of self-driving car companies is urging the U.S. government to accelerate efforts to deploy autonomous vehicles, citing regulatory delays and growing international competition.
China’s BYD is set to surpass its 2024 sales target of 4 million vehicles, overtaking Honda and Ford globally. Driven by strong domestic demand, BYD’s market share and production capacity continue to soar, solidifying its position as an EV leader.
U.S. President Donald Trump on Wednesday called for an immediate end to the escalating hostilities between India and Pakistan, saying he “hopes they can stop now” after a series of deadly cross‑border strikes.
The U.S. Federal Reserve kept its benchmark federal funds rate unchanged on Wednesday, maintaining the target range at 4.25% to 4.50%, in a widely expected move as the central bank navigates a complex economic environment marked by slowing inflation, global trade tensions, and political pressure.
U.S. President Donald Trump said Wednesday that an announcement related to the Gaza Strip is likely within the next 24 hours, signaling potential developments in the U.S. approach to the worsening humanitarian crisis in the besieged enclave.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Pakistani Prime Minister Shehbaz Sharif hailed what he called a “great victory” for the nation’s armed forces on Wednesday, following what officials described as a major air incursion attempt by the Indian Air Force.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
ChatGPT has rapidly emerged as one of the most influential artificial intelligence tools, transforming how we interact with technology through natural language.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
New Tesla registrations in Denmark collapsed 67 % in April to 180 vehicles, industry data showed Thursday, underscoring a sharp demand drop for the EV maker in one of its once-strong European markets.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
Chinese President Xi Jinping arrived in Moscow on Wednesday for a closely watched visit that underscores Beijing’s growing strategic alignment with Russia.
As part of his official visit to Iraq, Azerbaijani FM Jeyhun Bayramov met on Wednesday with Mahmoud al-Mashhadani, Speaker of the Council of Representatives of Iraq, for wide-ranging discussions on bilateral relations, regional security, and post-conflict development efforts in Azerbaijan.
The United States has quietly approved a Qatari initiative to finance salaries for Syrian public-sector workers, marking a significant shift in Western engagement with post-Assad Syria, according to three sources familiar with the matter.
U.S. President Donald Trump on Wednesday called for an immediate end to the escalating hostilities between India and Pakistan, saying he “hopes they can stop now” after a series of deadly cross‑border strikes.
U.S. President Donald Trump on Wednesday called for an immediate end to the escalating hostilities between India and Pakistan, saying he “hopes they can stop now” after a series of deadly cross‑border strikes.
The U.S. Federal Reserve kept its benchmark federal funds rate unchanged on Wednesday, maintaining the target range at 4.25% to 4.50%, in a widely expected move as the central bank navigates a complex economic environment marked by slowing inflation, global trade tensions, and political pressure.
U.S. President Donald Trump said Wednesday that an announcement related to the Gaza Strip is likely within the next 24 hours, signaling potential developments in the U.S. approach to the worsening humanitarian crisis in the besieged enclave.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Pakistani Prime Minister Shehbaz Sharif hailed what he called a “great victory” for the nation’s armed forces on Wednesday, following what officials described as a major air incursion attempt by the Indian Air Force.
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