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Ferrari raises prices for some models in response to Trump’s tariffs

Ferrari announced that it would increase prices for certain models up to 10% in response to Trump’s 25% auto tariffs on European car imports. The company added that its 2025 profit margins face a potential 50 basis-point reduction risk.

Culture news

Trump issues executive order targeting ‘woke’ culture in US museums

Donald Trump has signed an executive order titled "Restoring Truth and Sanity to American History" which targets the Smithsonian Institution. It directs JD Vance to "eliminate improper, divisive, or anti-American ideology."

Health news

Tariff treatment: Six diagnoses for EU pharma sector amid US trade war

Potential US tariffs on pharmaceuticals could set off a ripple effect that extends far beyond the immediate price hikes, as both the US and Europe heavily rely on each other.

Europe News

Greenland forms new unity government on the eve of JD Vance trip

Four of the five elected parties in Greenland agree to form a broad coalition on the eve of US Vice President JD Vance’s visit to the arctic island.

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Business

Trump considers cutting China tariffs in exchange for TikTok sale

US President Donald Trump has revealed that he could potentially reduce tariffs on China in exchange for the latter’s help in finalising the sale of social media application TikTok, currently owned by ByteDance.

Europe News

EU Commission preparing 'well calibrated' retaliation to US tariffs

As the US rolls out new tariffs, the European Commission is preparing its response. The latest measures will factor in the car tariffs announced on Wednesday night, along with the reciprocal tariffs expected next week, as trade tensions between Brussels and Washington escalate.

Economy

US growth upgraded to 2.4%, Commerce Department says

The expansion in the last three months of 2024 was supported by a surge in consumer spending and is an improvement on previous estimates.

United Kingdom

UK government defends cuts that 'could put 250,000 in poverty'

Chancellor Rachel Reeves, whose Labour Party has promised an end to austerity, unveiled billions of pounds of new cuts on Wednesday.

Markets

Trump’s car tariff rattles markets: Industry leaders, analysts react

Trump’s 25% tariff on auto imports jolts equity markets and draws backlash, with European industry groups warning of supply chain shocks, rising prices, and job risks while analysts flag earnings pressure.

Economy

Trump announces 25% auto import levies and lower reciprocal tariffs

US President Donald Trump confirmed 25% tariffs on vehicles not manufactured in the US, set to take effect on 2 April. Auto shares fell across Asia following the news, with the impact expected to ripple through Europe.

USA

US President Donald Trump imposes 25% tariffs on all car imports

The tariffs come as analysts warn that they could in fact affect the US car industry, as even domestic carmakers source their components from around the world, meaning that they could face higher costs and lower sales.

USA

US national security scandal deepens as new Signal messages revealed

The Democrats have increased their calls for US Defence Secretary Pete Hegseth to resign for sending Yemen war plans via a messaging app.

Culture news

Why was Taylor Swift mentioned in the 'Signalgate' Senate hearing?

Democratic Virginia Senator Mark Warner highlighted the importance for the US to share intelligence with its European allies and used last summer's thwarted terrorist plot against Taylor Swift as an example of how the sharing of intel can save lives.

USA

Mike Waltz claims 'full responsibility' for Europe-bashing Signal chat

Waltz said he couldn't explain how Atlantic editor-in-chief Jeffrey Goldberg was included in the group chat in what the US president called a "minor glitch".

USA

US Secretary of State Rubio seeks Turkey's support for Ukraine peace

While Ankara’s ongoing trade with Russia drew repeated warnings from Washington during Joe Biden's presidency, Turkey is looking to bolster its ties with the US under the Trump administration.

USA

JD Vance to join wife on Greenland trip but scales back visit

The US vice-president will accompany his wife on a visit to the Arctic island, a trip Denmark's prime minister has previously said is not what 'Greenland wants or needs.'

Economy

Florida to consider relaxing child labour laws to fill vacant jobs

Now that the United States is cracking down on immigration, some low-skill jobs may not be so easy to fill. So the state is debating lifting some child labour laws to involve minors.

South Africa

South African president rejects claims of Afrikaner persecution

Donald Trump previously signed an executive order to cut funding to South Africa and offer refugee status to Afrikaners, claiming the government was enabling farm attacks and land dispossession.

Art

Why is this portrait of Trump being taken down at Colorado Capitol?

Calling the portrait “truly the worst,” Trump blamed Colorado’s Democratic Governor Jared Polis and declared he’d rather have no portrait at all.

Denmark

US is putting 'unacceptable pressure' on Greenland, Danish PM says

Criticism by Denmark's leader Mette Frederiksen comes after the White House announced a US delegation would be visiting the Arctic island.