EXPLAINER
US plans to hike tariffs on EU cars to 25% will hit luxury market the most
US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.
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EDITOR'S ANALYSIS
As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’
With the two sides locked in a standoff, oil prices have continued to soar.
Oil prices rise despite Iran’s proposal to reopen Strait of Hormuz
Brent crude rises 3 percent despite Iran’s offer to reopen waterway in exchange for deferral of nuclear talks.
Elon Musk trial against Sam Altman to reveal OpenAI power struggle
The trial’s outcome could sway the balance of power in AI, and jury selection starts on Monday.
Canada’s Carney announces a sovereign wealth fund
The prime minister says the federal government will put up money alongside private investors to fund major projects.
Trump government extends Jones Act waiver by 90 days to dampen oil prices
Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections.
US Justice Department drops criminal probe of Fed chair Jerome Powell
The announcement on Friday is expected to clear the path for the confirmation of his successor, Kevin Warsh.
War-driven demand boosts profits for weapons and aircraft manufacturers
Boeing sees reduced first-quarter loss as defence earnings rise amid $2.3bn US Pentagon contract.
Warner Bros shareholders approve Paramount’s $111bn takeover
Attention now turns to regulatory authorities, with both Washington and London expected to examine the merger’s impact.
Warner Bros and Paramount merger could reshape US media landscape
The deal faces regulatory scrutiny both for influence on media landscape, but also for foreign investments to fund it.
![If the merger moves forward, it would bring CBS News and CNN under one roof [File: Kylie Cooper/Reuters]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/03/2025-12-22T211528Z_1863318890_RC2VLIABNM0W_RTRMADP_3_PARAMOUNT-CBS-SIXTYMINUTES-1773758258.jpg?resize=770%2C513&quality=80)
Blockchain billionaire Sun takes Trump family’s crypto firm to court
World Liberty is under increasing scrutiny from some of its investors, who have complained about lack of transparency.
