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Edition from 2025-05-03, 1 PM UTC

Auto Tariffs Hit Hard: Prices Set to Soar… Industry in Upheaval

New 25% tariffs on car parts are in effect, threatening sharp price hikes and industry disruption. Manufacturers and consumers brace as costs rise amid Trump's ongoing trade policies impacting auto supply chains.

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24 Hours Auto tariffs on parts take effect US industry braces + Zelensky hails Trump talks at pope funeral as best yet + Trump targets National Endowment for the Arts + Berkshire Hathaway earnings slump Buffett warns on tariffs + US labor dept staff walkouts raise crisis alarms + Trump team clashes with Germany over AfD extremist label + New round of car parts tariffs could hike prices + Maine teacher’s call to ‘take out’ Trump sparks outrage + Ukraine drone strike prompts emergency in Russian Black Sea city + Seven dead in Idaho tour van crash near Yellowstone + Trump renews Harvard tax-exempt status threat + Judge blocks Trump order targeting Perkins Coie law firm + Trump plans massive $163B government spending cuts + Trump shrugs off recession fears calls it transition + US stocks rally as tariffs and jobs report stir optimism + US designates two Haitian gangs as terrorist groups

Number 177,000 - US jobs added in April amid tariff uncertainty.

Quote "We are taking away Harvard's tax-exempt status" — President Donald Trump

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