US election Trump's tariffs

Advisor: Trump wants a comprehensive deal with China

Donald Trump is looking for a comprehensive trade deal with China in which the country commits to greatly increasing imports of American goods, in exchange for him backing down on promised punitive tariffs. The New York Times reports this, citing a handful of advisers.

The administration is said to have not yet settled on what it wants China to buy. At the same time, analysts say that the obstacles to a new trade agreement are many.

The alleged strategy is also in line with the one Trump used in the trade war with China during his first term in the White House.

Tariffs pressure car companies – Ferrari against the tide

Automakers around the continent are taking a hit after Donald Trump threatened that car tariffs could end up in the "region of 25 percent".

At lunchtime, the automotive giants in Europe, with Volkswagen, Stellantis, Mercedes and BMW at the forefront, are trading down 1–2 percent. The mood in Sweden is also sour with Volvo Cars falling more than 2 percent.

In the luxury segment, Porsche is falling slightly, while Ferrari is going against the grain and rising slightly.

Trump: Tariffs on cars and chips will probably be 25 percent

Donald Trump's tariffs on cars and semiconductors will probably be around 25 percent, he says during a press conference, according to news agencies.

- I will probably tell you that on April 2, but it will be in the region of 25 percent, he says.

Tariffs for imported medicines will be "25 percent and higher" and will also be "significantly higher" later in the year.

The president adds that he wants to give foreign companies time to establish themselves in the US before announcing new tariffs, the president says during the press conference.

The change of power in the US  Trump's first term
Doge and Musk's intelligence - the most important things from the interview

US President Donald Trump and his right-hand man Elon Musk were questioned in a joint interview with Fox News profile Sean Hannity. Axios and The Hill have listed the most important points from the interview.

Among other things, the newspapers highlight Musk's incomprehension in the face of Democrats' criticism that he has caused a constitutional crisis and that the unofficial "efficiency authority" is acting illegally.

- If the bureaucracy works against the will of the people and prevents the president from implementing the will of the people, then we live in a bureaucracy and not a democracy.

During the interview, Trump took the opportunity to praise Musk on several occasions, including for his successful tech career and his intelligence, writes The Hill. Trump also claimed that he believes Musk will find a trillion dollars to steal from the federal government.