Shares of auto giants plummeted on Monday following President Trump’s imposition of tariffs on goods from Canada, Mexico, and China, with a 25% duty on Mexican and most Canadian products and a 10% duty on Canadian energy and Chinese goods. Trump justified the tariffs as necessary to combat the threat of illegal immigration and drug trafficking, prompting retaliatory measures from Canada and Mexico. Global automakers, including Japanese companies Toyota and Nissan, European firms Valeo and Stellantis, and German manufacturers Volkswagen, Porsche, and BMW, experienced significant stock declines as investors feared the impact of a potential trade war on the automotive industry’s complex supply chains and manufacturing operations.
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Emergency crews deployed on Santorini as an earthquake swarm worries Greek experts
Schools were closed and emergency crews deployed on Santorini, Greece, due to a spike in seismic activity, with over 200 earthquakes recorded in the area over three days. Precautions were taken on nearby Aegean Sea islands, popular vacation spots, as Prime Minister Kyriakos Mitsotakis urged calm and adherence to safety recommendations. While the quakes are not linked to the island's volcano, residents and visitors were advised to avoid certain areas and be vigilant, with concerns...
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