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Trump to face less internal pushback in new term: ex-commerce chief
Trump to face less internal pushback in new term: ex-commerce chief
by  AFP

Donald Trump's staff choices will ensure he faces less internal pushback on his aggressive economic policies, such as tariff hikes, than during his first term, former commerce secretary Wilbur Ross told AFP Monday. "That is not to say that the cabinet would just give a blank check to everything that he wanted to do," Ross told AFP in an interview.

Green light for Cadillac to join Formula One grid in 2026
Green light for Cadillac to join Formula One grid in 2026
by  AFP

American car manufacturer Cadillac will become the eleventh team on the Formula One grid in 2026 after the sport's owners announced Monday they had given their backing to the plan. Nearly a fortnight ago, GM announced it had registered with the FIA to become a Formula One engine manufacturer from 2028, offering support to Andretti's bid to join the F1 grid.

California vows to step in if Trump kills US EV tax credit
California vows to step in if Trump kills US EV tax credit
by  AFP

California will revive its own subsidy programs for electric vehicles if Donald Trump guts US federal tax breaks for such cars, the state's governor said Monday. If Trump scraps the tax credit, California could revive its own Clean Vehicle Rebate Project, which ran until November 2023, granting rebates of up to $7,500 for people buying battery-powered cars, a press release said.

Brazil minister says supports meat supplier 'boycott' of Carrefour
Brazil minister says supports meat supplier 'boycott' of Carrefour
by  AFP

Brazil's agriculture minister on Monday threw his support behind national meat suppliers that have halted deliveries to Carrefour supermarkets in a growing row related to Mercosur trade negotiations. Brazilian media are calling the disrupted meat deliveries to Carrefour supermarkets a "boycott" and many Brazilians online have applauded it.

Steelmaker ArcelorMittal to close two plants in France: unions
Steelmaker ArcelorMittal to close two plants in France: unions
by  AFP

ArcelorMittal, the world's second-biggest steelmaker, plans to close two plants in northern France, which together employ more than 130 people, unions said on Monday. ArcelorMittal is the latest company to announce plans to cut jobs and close plants in France, which is struggling with economic headwinds.