Ferrari has announced a 10% price increase on select models, starting April 1. This move comes as a direct response to new U. S. auto tariffs, which will significantly affect the cost of importing luxury vehicles. The price hike will apply to models like the Purosangue SUV, the 12Cilindiri, and the
The stock market took a hit on a Thursday. This was the first day of trading after a major announcement. The news? President Trump had declared a 25% tariff on imported cars and car parts. This move is expected to spark a global trade war and drive up the cost of vehicles. The Dow Jones Industrial
Japan and Brazil are joining forces in a big way. They want to work together more closely on important issues. This includes talking about politics, economics, and even climate change. They have a plan to do this over the next five years. And it does not stop there. They also want to chat about defe
Hyundai is making a huge move in the United States. The South Korean company is planning to invest a massive 21 billion dollars in the US. This is a big deal, and it's not just about building cars. Hyundai is looking to create jobs, boost production, and dive into some cutting-edge technology. Fir
The upcoming April 2nd event, dubbed "liberation day, " is all about tariffs. This is not just about raising prices on goods from other countries. It's also about finding ways to make money for tax cuts. This is why the president is looking at different laws to make his tariff plan stronger. One
Consumer confidence took a hit in March. This drop happened as President Trump's tariffs shook up the market and sparked fears of a recession. The Conference Board's survey showed that people's outlook worsened more than experts predicted. This was the fourth straight month of declining sentiment.
The Asia-Pacific region saw a mix of gains and losses on Tuesday. Investors were hopeful about U. S. trade policies, which boosted Wall Street overnight. This optimism spread to the other side of the world, lifting several Asian markets. In Australia, the S&P/ASX 200 index went up by 0. 52%. The co
The stock market had a lively start on Monday, March 24. The S&P 500 index shot up by 1. 8%. This jump came as investors cheered news that upcoming tariffs might not hit all sectors equally. Some key industries could dodge the bullet, giving investors a reason to celebrate. Tesla was the st
The recent cabinet meeting at the White House had some big news. President Trump dropped hints about upcoming tariffs. He mentioned cars, medicines, and a few other industries. He did not give a specific date, but it sounds like it will be soon. This is not the first time Trump has talked about
The United States is planning to hit countries buying Venezuelan oil with a 25% tariff. This move is part of a broader strategy to pressure Venezuela, which has been a significant oil supplier to the US. The tariff announcement came from the White House, which accused Venezuela of sending criminals
