Trump says auto tariffs are permanent and doesn’t care if they cause carmakers to hike prices — ‘I hope they raise their prices’

[ad_1] President Donald Trump said his new auto tariffs are permanent and shrugged off concerns that they will cause carmakers to raise prices. In an interview with NBC News on Saturday, he was asked about a recent Wall Street Journal report that said he warned auto CEOs not to hike prices while discussing tariffs with…

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Myanmar quake death toll rises to 1,644 as resistance movement announces partial ceasefire

[ad_1] A unilateral partial ceasefire to facilitate earthquake relief efforts was announced on Saturday by Myanmar’s shadow National Unity Government, which coordinates the popular struggle against the ruling military. The country’s death toll from the disaster soared to 1,644. The figure was a sharp rise compared to the 1,002 announced just hours earlier, highlighting the…

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Most affirmative action policies are illegal in France, but US warns French companies against using DEI policies

[ad_1] France’s trade ministry condemned “unacceptable” US interference Saturday after the American embassy in Paris sent several French firms letters warning against using the diversity programmes known as “DEI”, a frequent Donald Trump target. The letters, sent to French companies currently doing or looking to do business with the United States, included an attached questionnaire…

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The ‘competition going on for supremacy’ between China and the U.S. may create benefits, says International Chamber of Commerce secretary general

[ad_1] The race for economic dominance between the United States and China could have some upside too, International Chamber of Commerce Secretary General John W.H. Denton said. “There is a competition going on for supremacy, and I think it’s perfectly important to understand that competition may actually have positive benefits,” he said during Fortune’s Building…

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