Serbian police fire teargas at anti-government protesters in Belgrade
Serbian police used teargas and crowd control vehicles in Belgrade on Friday evening to disperse anti-government protesters who threw firecrackers and...
Stellantis is pausing production in Mexico and Canada and laying off U.S. workers after Trump’s expanded tariffs hit the auto industry.
Automaker Stellantis says it is pausing production at one assembly plant each in Mexico and Canada, and temporarily laying off 900 workers at five U.S. facilities, following the announcement of tariffs by U.S. President Donald Trump.
This comes as Trump expanded tariffs to a 10% baseline on all imports. These levies follow the 25% duties on auto imports announced last week, which sent shockwaves through the global auto industry.
In a letter to employees, Antonio Filosa, Stellantis' chief operating officer for the Americas, said the company is "continuing to assess the medium- and long-term effects of these tariffs on our operations, but also have decided to take some immediate actions."
Stellantis said the Toluca Assembly plant in Mexico, where the Jeep Compass and Jeep Wagoneer S are produced, will shut down for the month of April. Workers at Toluca will continue to report to work and receive pay but will not produce vehicles.
Mexico’s President Claudia Sheinbaum said the production pause at the Stellantis plant in Mexico is temporary and that the company is not planning job cuts, following discussions with the firm through Economy Secretary Marcelo Ebrard.
While goods from Mexico and Canada that comply with the trade agreement between the three countries will largely remain exempt under Trump's order, auto exports, along with steel and aluminum, fall under separate tariff policies.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
U.S. President Donald Trump said on Friday that Chinese President Xi Jinping assured him China would not invade Taiwan during Trump’s presidency, adding that Xi described himself and China as “very patient.”
Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies are welcome to do business in Brazil, speaking at the opening of a Chinese automaker’s factory in Sao Paulo state.
Serbian police used teargas and crowd control vehicles in Belgrade on Friday evening to disperse anti-government protesters who threw firecrackers and flares at officers, marking a sharp escalation in the nine-month-long demonstrations.
U.S. President Donald Trump and his Russian counterpart have arrived in Alaska for his high-stakes summit with Russia's Vladimir Putin after saying he wants to see a ceasefire in the war in Ukraine "today."
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for interest rate cuts and shifted market attention to the meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
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