Ford CEO says Trump's tariffs are causing 'chaos' in auto industry
President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.
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Tequila, mezcal are the only spirits growing in sales, but tariffs would be 'catastrophic,' industry group says
U.S. spirits sales declined in 2024 despite maintaining its market share ahead of beer and wine. Tequila and Mezcal grew, but tariffs could change that.CNBC - 1h -
Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.The New York Times - 2h -
GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as 'chaos'
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S. from Canada and Mexico.CNBC - 4h -
Citadel CEO Ken Griffin says Trump's 'bombastic' trade rhetoric is eroding trust in the U.S.
Citadel CEO Ken Griffin sent a stern warning Tuesday against the negative impact from President Donald Trump’s combative approach to U.S. trade policy.NBC News - 4h -
Why US tariffs only compound the EU steel industry’s existential woes
Also in this newsletter: Poland’s very own deregulation supremoFinancial Times - 17h -
UK steel industry fears ‘devastating blow’ from Trump tariffs; Brussels vows to react; FTSE 100 hits record high – business live
US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effect. Trump to announce 25% aluminum and steel tariffs as China’s levies ...The Guardian - 1d -
Trump says tariffs coming on steel and aluminium
Imports of the metals will be hit with a 25% levy, a move that will have the biggest impact in Canada.BBC News - 1d -
An industry waits for Grand Theft Auto VI to get a release date
Take-Two's stubbornness on refusing to date GTAVI makes sense for them, but other game makers are holding their breath in the meantime.VentureBeat - 5d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5d
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Appeals court rejects Trump administration bid to reinstate funding freeze
The 1st U.S. Circuit Court of Appeals denied the Justice Department's request to pause a judge's order while it challenges the order in court.NBC News - 44m -
Trump's border czar is 'begging' for money for immigration crackdown, Senate budget chief says
WASHINGTON — President Donald Trump’s “border czar,” Tom Homan, and budget director, Russell Vought, met with Senate Republicans on Tuesday afternoon and pleaded with them to send the ...NBC News - 1h -
Education Dept. urges NCAA to reverse transgender athletes' records, titles and awards
The Education department said records, titles, and awards were 'wrongfully credited to' transgender women, whom it referred to as 'biological men.NBC News - 2h -
Vance warns against 'tightening the screws' on AI in rebuff of Europe
Vice President JD Vance warned European allies that the White House would not accept regulations on artificial intelligence if they held back U.S. ambitions.NBC News - 5h -
Russia releases American school teacher held for 3 1/2 years
Marc Fogel, an American school teacher who has been held in Russia for 3 1/2 years, was released and is due to come back to the U.S. Fogel had been sentenced to 14 years in prison by Russia. NBC ...NBC News - 4h
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The Horror Show of Hamas Must End Now
The region needs to be put to a choice about Gaza’s future.The New York Times - 8m -
Elon Musk grilled about DOGE transparency, conflicts in Oval Office
Elon Musk had not faced reporters since taking the lead on Trump's mandate to dismantle much of the federal government.ABC News - 16m -
Nottingham Forest beat 10-man Exeter on penalties
Nottingham Forest beat 10-man Exeter City in a penalty shootout to progress to the fifth round of the FA Cup, after Forest were unable to find a winner in extra-time against the League One side.BBC News - 18m -
Bird flu is spreading in cattle, but some states still aren't part of U.S. milk testing
New variants of bird flu are turning up in dairy cattle. But some states still aren't a part of a federal milk supply testing programNBC News - 20m -
Trump's signature issue is at the center of Congress' fight over his agenda: From the Politics Desk
House and Senate Republicans remain on a collision course over Donald Trump’s agenda. And the president’s signature issue is at the center of it.NBC News - 23m