Ferrari is considered unique in Europe’s automobile sector as the threat of U.S. tariffs looms over many car giants, with President-elect Donald Trump planning to impose tariffs on China, Canada, and Mexico. The proposed tariffs could disrupt the auto industry’s supply chains, causing concern among investors about higher costs and impacting U.S. and European manufacturers. European Union policymakers may find relief in the fact that Europe was not mentioned in Trump’s initial tariff announcement, but Ferrari is expected to remain unaffected due to its production being solely based in Maranello, Italy.
Full Article
Over 40,000 infants at risk of death in Gaza due to Israeli ban on baby formula, authorities warn – Middle East Monitor
SummaryOver 40,000 infants in Gaza are at imminent risk of death due to Israel's 150-day ban on baby formula, exacerbating a severe humanitarian crisis amidst ongoing violence that has resulted in nearly 60,000 Palestinian deaths since October 2023. Local authorities have called for urgent humanitarian aid and condemned the blockade as a form of systematic genocide, holding Israel and the international community accountable for the loss of innocent lives. Want More Context? 🔎
Read more