Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push

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In a fresh turn in his ever-evolving trade policy, U.S. President Donald Trump has hinted at potential tariff relief for automakers, even as his administration accelerates plans to impose new levies on semiconductors and pharmaceuticals.

Speaking from the White House on Monday, Trump acknowledged that automakers sourcing parts from Canada and Mexico need more time to restructure their supply chains. “I’m looking at something to help some of the car companies,” he said, though he stopped short of offering specifics.

The latest move comes just days after the administration excluded smartphones, tablets, and other electronics from a sweeping 125% tariff on Chinese goods. Trump indicated that instead, these products would fall under an upcoming tariff framework targeting semiconductors. He also noted discussions with Apple CEO Tim Cook and emphasized his openness to flexibility in trade matters. “I don’t change my mind, but I’m flexible,” Trump said. “You can’t just have a wall.”

Under Trump’s directive, the Department of Commerce is initiating Section 232 investigations—usually reserved for national security matters—into the importation of semiconductors and pharmaceuticals. The same legal mechanism was previously used to justify sweeping tariffs on steel, aluminum, and autos.

A Federal Register notice confirmed that a three-week public comment period on these probes will begin Wednesday.

Trump defended his plan for pharmaceutical tariffs as a way to force drug manufacturers to bring operations back to U.S. soil. “Pharmaceuticals, we’re going to do,” he said. “The higher the tariff, the faster they come.”

Since reclaiming office in January, Trump has aggressively rolled out tariffs, often shifting direction without warning. On April 2, he announced heavy tariffs on nearly every global trading partner—going so far as to include an uninhabited Antarctic island—before walking back the decision days later with a universal 10% rate, while intensifying tariffs on China.

Earlier in the year, he also wavered on tariffs for Canada and Mexico, ultimately imposing 10% on oil, gas, and potash, and 25% on other goods—exempting USMCA-covered products in theory, but maintaining separate 25% levies on Canadian and Mexican autos, steel, and aluminum.

David Adams, president of Global Automakers of Canada, said Trump’s Monday comments remain vague. However, he argued that the current tariffs violate the USMCA deal Trump himself signed. Flavio Volpe, who leads Canada’s auto-parts industry group, said Trump’s remarks suggest he now grasps the depth of U.S. dependence on foreign partners in auto manufacturing.

“It’s an acknowledgment of how critical Canada, Mexico, and even China are to our auto supply chain,” Volpe said. “But whether he uses that knowledge constructively—that’s another story.”

Ontario, home to many Canadian auto facilities, has already felt the sting of these policies. Two temporary shutdowns—at Stellantis’s Windsor plant and GM’s Ingersoll facility—have led to thousands of layoffs.

Auto parts have so far avoided direct tariffs, allowing U.S. assembly lines to continue running. But industry leaders like Linamar’s executive chair, Linda Hasenfratz, warn that moving operations to the U.S. would cost billions and isn’t realistic for long-term strategy, especially given the volatility of the tariff regime.

Meanwhile, pharmaceutical tariffs could strike a blow to Canadian drugmakers, particularly those supplying affordable generics. U.S. patients, already grappling with the world’s highest medication prices, could face further strain.

Inu Manak of the Council on Foreign Relations questioned the legality of Trump’s aggressive Section 232 use, especially if he bypasses the full investigative process. “This is supposed to be a real investigation,” she said. “And I don’t see them using it that way.”

Tags:
Trump, tariffs, auto industry, semiconductors, pharmaceuticals, trade war, USMCA, Canada, Mexico, Apple, Tim Cook, Section 232, drug prices, auto manufacturing, trade policy, national security, Commerce Department, Linamar, Stellantis, GM, China, supply chain
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News No: D09
Category: Business
Title: Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty
Article:
U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves through investor sentiment. The S&P 500 plummeted 2.2% after a steep intraday fall near 3.3%, nearly tallying one of its worst sessions in recent memory, underscoring the volatility gripping Wall Street.
The Dow Jones Industrial Average dropped by roughly 700 points, while the Nasdaq led the downturn with a 3.1% loss. The sell-off accelerated following remarks from the head of the Federal Reserve, who cautioned that the tariffs could negatively impact economic growth and spike inflation beyond earlier estimates. “All of this is highly uncertain,” the Fed chair noted, emphasizing that a clearer picture of policy impacts is needed before the economy can be accurately assessed.
Key tech firms bore the brunt of the fallout. Nvidia saw its shares decline by 6.9% after warning that new U.S. government restrictions on exporting its advanced H20 chips to China could dent first-quarter earnings by an estimated $5.5 billion due to inventory adjustments and purchase commitments. Similarly, Advanced Micro Devices (AMD) suffered a 7.3% plunge on news that its own chip exports to China might incur up to $800 million in charges. Even ASML, a leading Dutch supplier of semiconductor manufacturing equipment, felt the pressure with a 5.2% drop despite continued demand growth driven by artificial intelligence trends. ASML’s CEO Christophe Fouquet remarked on the unsettled market dynamics, noting that tariff-related uncertainties would persist for the foreseeable future.
The pervasive trade policy uncertainty is forcing companies globally to shuffle their forecasts. In an unprecedented move, United Airlines released two separate financial projections for this year—one for a recession scenario and another for stable growth—highlighting the unprecedented difficulty in predicting economic outcomes during these turbulent times. Despite reporting stronger-than-expected quarterly earnings, United’s stock remained virtually unchanged.
Investor anxieties now extend well beyond the tech sector. Market participants are bracing for a broader economic downturn potentially triggered by the trade measures, which aim to bolster domestic manufacturing by reducing reliance on foreign imports. A survey conducted by Bank of America among global fund managers revealed that recession expectations are currently at their fourth-highest level in two decades.
The World Trade Organization (WTO) projected that if the current tariff policies continue, global merchandise trade volume could dip by 0.2% in 2025. However, should the situation deteriorate, a contraction of up to 1.5% this year remains a possibility. WTO Director-General Ngozi Okonjo-Iweala warned that prolonged uncertainty could severely curtail global growth, disproportionately affecting the world’s most vulnerable economies.
On the bond market, Treasury yields retreated modestly. The 10-year Treasury yield decreased to 4.28% from its previous levels, partly reversing the earlier surge that had fueled fears over the presumed safety of U.S. government bonds amid the trade war’s ripple effects.
Across global markets, Asian indexes were generally down—with Hong Kong losing 1.9%, Tokyo 1%, and Seoul 1.2%—while European markets saw mixed performances. Notably, the FTSE 100 in London rose by 0.3% following government reports of declining inflation in the U.K., attributed primarily to lower gas prices.
Tags:
Nvidia, Trump, tariffs, export restrictions, trade war, recession fears,
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News No: D10
Category: world
Title: Two U.S. Students Jailed in Denmark After Uber Dispute Sparks International Tension
Description:
Two American college students were held in a Danish prison for two weeks following a spring break trip gone awry, after an alleged altercation with an Uber driver in Copenhagen led to assault charges.
Owen Ray, 19, a student at Miami University of Ohio, and his unnamed friend were detained on April 1 at Copenhagen Airport as they attempted to fly home. According to Ray’s attorney, Jordan Finfer, the arrest stemmed from a misunderstanding with a rideshare driver the night before — an incident the family describes as a case of self-defense.
Ray’s parents, Andy Ray and Sara Buchen-Ray, say their son and his friend were victims, not aggressors, in the March 31 incident. “The facts make clear that Owen is the victim in this case,” they said in a public statement, “and we urge Danish officials to allow him to return home to the United States without delay.”
Finfer claims the conflict began when Ray and his friend realized they had input the wrong destination into the Uber app. When they asked the driver to change course, he allegedly refused. The three exited the vehicle, and that’s when the situation escalated. According to Ray’s account, the driver physically assaulted him, including a kick to the groin. In response, Ray reportedly pushed the driver away, causing him to fall. The students then fled the scene.
They were arrested the next day while boarding their flight home, with Copenhagen police citing them as flight risks. Both students were charged with common assault and sentenced to ten days of pre-trial detention, later extended through April 24.
Ray’s family maintains that the incident was unprovoked and is calling for Danish authorities to acknowledge the context and release their son. “Our family is heartbroken,” they said. “We want our son home to celebrate Easter with us.”
Though the students have now been released from custody, their passports were confiscated by Danish authorities, requiring them to remain in Denmark until further notice.
The U.S. State Department confirmed it is providing consular assistance but declined to comment further, citing privacy concerns. The case has raised questions about how Americans are treated abroad and whether cultural misunderstandings are being fairly adjudicated in international legal systems.
Tags:
Owen Ray, Denmark, Uber dispute, U.S. students detained, Copenhagen airport arrest
Picture Credit: Owen Ray / Facebook

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Apr 18, 2025
News No: E01
Category: Lifestyle
Title: Renowned Endocrinologist Reveals 15-Second “Turmeric Hack” That Melts Belly Fat Naturally
Article:
For years, conventional weight loss advice has revolved around calorie deficits, strict diets, and intense workouts. But according to Dr. Julian Ross, a leading endocrinologist and health researcher, these widely accepted methods only scratch the surface of the real problem.
Dr. Ross has recently gone viral after unveiling what he calls a simple, 15-second “Turmeric Hack” that activates the body’s natural fat-burning mechanism — right from the comfort of your home. The method, which is completely natural and easy to prepare, focuses on targeting the root cause of stubborn fat, rather than just managing symptoms.
In a recent social media post, Dr. Ross issued a bold challenge to his followers: try the turmeric solution every morning and watch your belly fat shrink — fast. This isn’t another pricey supplement or fleeting diet trend. It’s a homemade remedy using turmeric, a spice long celebrated for its anti-inflammatory and metabolic benefits.
“This simple mixture can outperform even the most expensive weight-loss fads,” Dr. Ross claims. “It’s natural, effective, and accessible — and it’s changing lives.”
The “Turmeric Hack,” as it’s been dubbed online, has already amassed over 5.2 million views across platforms like Facebook, Instagram, and YouTube. Thousands of people are reporting noticeable weight loss within the first two weeks, along with increased energy, better digestion, and a boost in self-confidence.
One testimonial reads:
“I struggled with my weight for years and nothing worked — not keto, not fasting, not endless cardio. But this? I’ve already dropped two dress sizes, and I finally feel like myself again.”
In a heartfelt video interview, Dr. Ross and his wife share the full recipe and routine with step-by-step instructions, freely available to the public. He emphasizes that his mission isn’t profit — it’s empowerment.
“If this helps even one person reclaim their health and confidence, then it’s worth it,” Dr. Ross says. “And if you try it, please share it. Together, we can help thousands feel good in their own skin again.”
Disclaimer: Individual results may vary. Always consult your healthcare provider before starting any new health regimen.
Tags:
weight loss, turmeric hack, natural remedy, Dr. Julian Ross
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News No: E02
Category: Entertainment
Title: Michelle Trachtenberg, Star of ‘Buffy’ and ‘Gossip Girl,’ Dies at 39 from Diabetes Complications
Article:
Beloved actress Michelle Trachtenberg, best known for her roles in Buffy the Vampire Slayer, Harriet the Spy, and Gossip Girl, has died at the age of 39 due to complications from diabetes, New York City’s medical examiner confirmed Wednesday.
Trachtenberg was discovered unresponsive in her Manhattan apartment in February. At the time, officials reported no signs of foul play, and the cause of death was initially listed as “undetermined.” Her family had objected to an autopsy, and the request was honored given the absence of criminal evidence. However, after further review and laboratory testing, the medical examiner concluded diabetes-related complications as the official cause of death.
The news has reignited grief among fans and colleagues alike, with tributes from co-stars such as Sarah Michelle Gellar, Taylor Momsen, and Blake Lively pouring in when her passing was first announced on February 26.
Trachtenberg began her career at just 8 years old, capturing hearts as Nona Mecklenberg in The Adventures of Pete & Pete before becoming a cultural icon as Harriet in Harriet the Spy. Her role as Dawn Summers on Buffy the Vampire Slayer solidified her status as a genre favorite, and she later captivated audiences as Georgina Sparks in Gossip Girl — a role she reprised in the 2021 revival.
Beyond television, her film career featured hits like Inspector Gadget, EuroTrip, and 17 Again, where she starred alongside Zac Efron and Leslie Mann.
Michelle Trachtenberg leaves behind a legacy of bold, complex characters and a devoted fanbase that spans generations. Her passing is a stark reminder of the serious, and often silent, toll chronic illnesses like diabetes can take.
Tags:
Michelle Trachtenberg, diabetes complications, celebrity death, Buffy the Vampire Slayer
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News No: E03
Category: World
Title: Biden Blasts Trump Policies in First Public Speech, Warning of Growing Political and Economic Chaos
Article:
In his first public address since leaving office, former U.S. President Joe Biden sharply criticized Donald Trump’s administration, accusing it of undermining the Social Security system and exacerbating national division.
Speaking at a Democratic-organized national day of action aimed at opposing proposed cuts to Social Security, Biden accused the Trump administration of spreading misinformation and inflicting rapid, damaging policy changes.
“Look what’s happened now. In fewer than 100 days, this new administration has done so much damage, it’s breathtaking,” Biden said, referring to Trump’s second term. He also ridiculed Trump’s previous claims that hundreds of centenarians — even people allegedly 300 years old — were receiving Social Security benefits. “I want to meet those 300-year-old folks,” Biden joked. “Hell of a thing, man. I’m looking for longevity.”
The escalating criticism is a symptom of the deepening political polarization in the U.S., said Lü Xiang, a Chinese expert on U.S. affairs. “Social Security was once a bipartisan issue. Now it’s a political battleground,” Lü told Global Times.
Amid domestic friction, economic alarm bells are also ringing. Ray Dalio, founder of Bridgewater Associates, warned during NBC’s Meet the Press that the U.S. could face “something worse than a recession” if the current administration’s tariff policies continue unchecked.
These policies, a hallmark of Trump’s economic approach, have already drawn backlash from Democratic lawmakers. Senator Cory Booker condemned the tariffs as “all just wrong” and blamed them for wrecking savings and destabilizing the economy.
Lü echoed the growing sentiment among American business leaders like Warren Buffett, stating, “Tariffs will not solve the U.S.’s economic problems — they’ll only accelerate decline.”
As Biden steps back into the spotlight, his speech signals that the battle over America’s future — both economically and ideologically — is far from over.
Tags: Biden, Trump, Social Security, U.S. economy
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News No: E04
Category: politics
Title: California Sues Trump Over “Unlawful Tariffs,” Calling Them a Threat to Jobs and Economy
Article:
California Governor Gavin Newsom has announced a major legal move against former President Donald Trump, filing a lawsuit over what he calls “unlawful tariffs” that are harming California’s economy, families, and businesses.
“These tariffs are wreaking chaos — driving up costs and threatening California jobs,” Newsom said in a statement Wednesday. “Donald Trump does not have the authority to impose these destructive and chaotic tariffs. America stands to lose too much.”
The lawsuit, to be filed in the U.S. District Court for the Northern District of California, will challenge Trump’s use of the International Emergency Economic Powers Act to justify sweeping tariffs on key international trading partners — a move Newsom says oversteps presidential power.
California, the largest manufacturing and trading state in the U.S., has been hit hard. Newsom noted that 40% of all U.S. goods movement passes through two ports in California, with nearly half of that trade linked to China.
“No state stands to lose more from these chaotic tariffs than California,” he said in a post on X. “We’re taking him to court.”
In 2024 alone, California’s trade volume exceeded $675 billion, supporting millions of jobs. The state’s top export destinations — Mexico, Canada, and China — accounted for nearly $67 billion in purchases, over a third of all California exports.
With this legal action, California becomes the first state to challenge the Trump administration’s tariff policies directly — a bold move underscoring the economic and political clash over America’s trade direction.
Tags: California, Trump, Tariffs, Trade War
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News No: E05
Category: World
Title: ECB Slashes Rates for 7th Time Amid Trade Turmoil, Signals Growing Eurozone Worries
Description:
In a move aimed at stabilizing a weakening eurozone economy, the European Central Bank (ECB) has cut interest rates for the seventh time in a year, reducing its benchmark deposit rate by 25 basis points to 2.25%. The decision reflects growing concern over the economic fallout from ongoing U.S. tariffs and heightened global market volatility.
The rate cut is expected to bring immediate relief to tracker mortgage holders and further ease borrowing costs across the region. The ECB cited retreating post-pandemic inflation and escalating trade tensions as key reasons behind the policy shift.
“Increased uncertainty is reducing confidence among households and firms,” the ECB said in a statement. “Volatile markets and trade disruptions are tightening financing conditions and weighing on the euro area’s outlook.”
ECB President Christine Lagarde maintained a cautious tone, emphasizing that future decisions will remain “data-dependent.” Despite pressure from investors, she refrained from outlining a concrete path forward, underscoring the unpredictable global landscape.
Economists had largely predicted the cut, especially with fears that a potential trade war could shave 0.5 percentage points off eurozone growth. However, many analysts believe even that estimate may understate the true impact, as inflation projections continue to fall.
Energy prices are down, the euro is at record highs on a trade-weighted basis, and Chinese export shifts could flood the European market with cheaper goods. As a result, major financial institutions like HSBC have lowered their eurozone inflation forecasts to below the ECB’s 2% target.
While some investors expect two or even three more cuts this year, others are watching closely for signs that Germany’s upcoming fiscal stimulus could reverse course by 2026. UBS economist Reinhard Cluse warns that the ECB may need to hike rates again by late 2026 to prevent inflation from overshooting.
For now, the ECB walks a tightrope—easing policy to combat short-term stagnation while keeping one eye on longer-term inflation risks.
Tags: ECB, interest rates, eurozone economy, US tariffs
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News No: E06
Category: World
Title: Nvidia CEO Jensen Huang Visits Beijing Amid Rising U.S.-China Tech Tensions

Description:
In a move that’s shaken both tech and political circles, Nvidia CEO Jensen Huang made an unannounced visit to Beijing this week, just days after the U.S. government imposed stricter export controls on the company’s AI chips bound for China. Huang, invited by a Chinese trade body, met with Ren Hongbin of the China Council for the Promotion of International Trade and expressed hope for continued cooperation with China.

The visit, covered widely by Chinese state media, including China Daily and CCTV, marks Huang’s second high-profile trip to the capital in recent months. It also coincides with a critical moment for Nvidia, as the U.S. restricts sales of its H20 datacenter GPUs—products designed specifically to comply with earlier sanctions. The latest crackdown could cost Nvidia $5.5 billion in revenue, contributing to a 7% dip in its stock value on Wednesday.

Adding further intrigue, Huang reportedly met with Liang Wenfeng, the founder of DeepSeek—an AI startup that stunned the tech world in January with a shockingly advanced chatbot developed on a shoestring budget. U.S. lawmakers have since raised national security concerns about whether DeepSeek obtained restricted Nvidia chips.

Despite escalating geopolitical tensions and deepening scrutiny from Washington, Huang has reaffirmed Nvidia’s global ambitions. “We’ll balance legal boundaries with technological progress—and keep moving AI forward,” said the Taiwan-born tech leader. Meanwhile, Nvidia has pledged to build up to $500 billion in AI infrastructure in the U.S., a move the White House lauded as the “Trump effect in action.”

As global markets reel from Trump’s aggressive tariff strategy and international negotiations accelerate, Huang’s Beijing visit underscores the delicate tightrope Nvidia—and the entire semiconductor industry—must walk in this new era of tech nationalism.

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