Germany’s auto sector slashed 51500 jobs in a year as industrial employment fell 2.1 percent, driven by declining exports and rising operational costs.
Wall Street plunged Friday, with the Dow falling 590 points, as hotter-than-expected inflation data and Trump’s sweeping auto tariffs rattled investors and markets.
Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply chain disruptions.
