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Trump says he’s raising tariffs on European cars to 25%

President Donald Trump says he isn’t done with new tariffs. Loading audio narration… On Friday, the president said he plans to raise tariffs on cars and trucks imported from the European Union to 25% next week.In a post on Truth Social, Trump said the EU is “not complying with our…

Trump announces new tariffs on European cars imported to United States

President Donald Trump announced Friday he was raising tariffs on European cars to 25%, citing the European Union’s noncompliance with the U.S.-EU trade deal.  “I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States. The Tariff will be increased to 25%,”…

Business

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Thermos recalls 8M bottles, jars after defect blinds 3 people

Thermos is recalling more than 8 million food jars and bottles after a dangerous defect caused stoppers to “forcefully eject,” leaving some consumers blind. The Illinois-based company’s recall impacts about 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food & Beverage Bottles sold over more than 15 years,…

Markets

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Why digging 12 miles deep is almost impossible

The deepest hole humans have ever drilled into the Earth is just 12.3 kilometers, about 0.2% of the distance to the planet’s core. That effort, the Soviet-era Kola Superdeep Borehole, took more than 20 years to complete. And despite decades of technological progress since, we haven’t gone any deeper. So…

Investing

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