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US business groups voice dismay at Trump's new tariffs
President Donald Trump's sweeping tariff announcement on Wednesday was widely panned by US business lobbying groups, who voiced concern about the impact of the new duties on their operations. Despite the widespread condemnation, some lobbying groups were more positive about the announcement.
US tariffs take aim everywhere, including uninhabited islands
The world's remotest corners couldn't hide from US President Donald Trump's global tariffs onslaught Wednesday -- even the uninhabited Heard and McDonald Islands. Strings of ocean specks around the globe, including Australia's Cocos (Keeling) Islands and the Comoros off the coast of Africa, were likewise subjected to 10 percent new tariffs.
Trump sparks trade war with sweeping global tariffs
US President Donald Trump ignited a potentially ruinous trade war Wednesday as he slapped sweeping 10 percent tariffs on imports from around the world and harsh additional levies on key trading partners. - 'Make America wealthy again' - For the rest, Trump said he would impose a "baseline" tariff of 10 percent, including another key ally, Britain.
Is Musk's political career descending to Earth?
Elon Musk's rise as President Donald Trump's all-powerful wingman was as rapid and unstoppable as one of his SpaceX rockets. And his prominence inside the White House has reportedly created friction in Trump's inner circle.
On Mexico-US border, Trump's 'Liberation Day' brings fears for future
As dawn broke over the Mexican-US border on US President Donald Trump's "Liberation Day," Raul Hernandez steered his semi-trailer carrying Toyota pick-up trucks towards California, worried how tariffs would affect him. Behind him in the queue, Omar Zepeda was also transporting Tacoma pick-up trucks from a nearby Toyota plant.
Starbucks faces new hot spill lawsuit weeks after $50mn ruling
Starbucks was facing another lawsuit over a spilled hot drink Wednesday, just weeks after a court ordered the coffee giant to pay $50 million to a man who was injured by a cup of tea. Last month a jury in Los Angeles ordered the firm to pay $50 million to delivery driver Michael Garcia, who suffered burns when a super-sized drink spilled in his lap at a drive-through.
Tesla first quarter sales sink amid anger over Musk politics
Tesla reported a 13 percent drop in first quarter auto sales Wednesday amid lower production during factory upgrades and blowback over CEO Elon Musk's work for President Donald Trump's administration.
Nintendo says Switch 2 console to be launched on June 5
Japanese video game giant Nintendo announced Wednesday that its new Switch console would be available on June 5, starting the countdown for one of the most hotly awaited gaming launches in years. It will launch on the Switch 2 in June and be included for the sale price, which was not revealed.
Deutsche Bank asset manager DWS fined 25 mn euros for 'greenwashing'
Deutsche Bank's asset management arm DWS was hit Wednesday with a 25-million-euro ($27-million) fine over misleading advertising for supposedly sustainable products, with activists hailing one of the world's biggest ever "greenwashing" penalties. DWS had already been hit in 2023 with $19-million penalty by financial regulators in the United States over misleading green statements.
AFP
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