RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Australia Progresses AUKUS Review as U.S. Affirms Strong Support 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Hong Kong Faces Low Turnout in “Patriots-Only” Election Amid Public Grief After Deadly Fire 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
China’s Expanding Maritime Military Presence Alarms Taiwan and Japan 
Trump Pledges 100% Tariff on Stellantis for Job Relocation to Mexico
Republican presidential candidate Donald Trump announced at a rally in Michigan on Friday that, if elected, he would impose a 100% tariff on Stellantis should the automaker move U.S. jobs to Mexico. The former president’s comments were aimed at protecting American manufacturing jobs and preventing companies from outsourcing production.
Speaking in the key battleground state, Trump specifically addressed concerns raised by another speaker who stated that Stellantis, the parent company of Chrysler, had been manufacturing vehicles in Mexico. Trump’s remarks reinforced his commitment to prioritizing American workers and deterring corporations from relocating operations abroad.
"Tell Stellantis that if they plan on moving, we're going to charge them a 100% tariff on every car," Trump stated, emphasizing his intent to make outsourcing economically unviable for U.S.-based automakers.
This proposed policy is part of Trump’s broader vision to bring manufacturing back to the U.S. and reduce dependency on foreign production. With Michigan’s economy historically tied to the automotive industry, Trump’s pledge resonated strongly among voters who are concerned about job security and the future of American manufacturing.
