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Political uncertainty looms in France as Prime Minister Francois Bayrou plans to use special executive powers to pass the budget without a parliamentary vote, possibly triggering a no-confidence motion. Disagreements over budget and social security changes have deepened tensions in the National Assembly, risking Bayrou's downfall.
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News and Media
US President Trump's tariffs on Canada, Mexico, and China aim to close a loophole that allowed duty-free imports of small packages under $800, targeting especially Chinese e-commerce retailers. This move will impact companies like Alibaba and Shein, which heavily relied on the de minimis exemption to ship goods directly to US consumers.
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News and Media
U.S. President Donald Trump has imposed new tariffs on imports from Mexico, Canada, and China. These tariffs particularly impact the automotive industry, with major brands like Volkswagen, GM, and Toyota affected due to their significant exports to the U.S. The move is aimed at curbing fentanyl flow and illegal immigration from these countries.
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News and Media
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