U.S. Treasury Secretary Scott Bessent downplayed President Donald Trump’s threat to impose steep tariffs on European alcohol, stating that it should not have a significant impact on the stock market. Trump had warned the European Union of 200% tariffs on alcohol exports unless they dropped proposed duties on American whiskeys, calling the EU a hostile and abusive taxing authority. Bessent expressed minimal concern over the potential impact of this trade dispute on the markets, emphasizing that it involved only a few items with one trading bloc.
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Palmerston North family sell shop in fear after stranger’s assault on young daughter
A Palmerston North family sold their shop at a loss due to fear after an incident involving Kashayar Heshmat, who, while homeless and untreated for schizophrenia, kissed their 7-year-old daughter on the cheek. Heshmat was sentenced for this incident, along with a series of other indecency offenses and shoplifting charges, which occurred in mid-2024. Want More Context? 🔎
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