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The impact of the 25% DJT US auto import tariff comes after NAFTA and USMCA Trade Treaty did little to prevent the outshoring of US jobs and manufacturing to Mexico and Canada. German and South Korean companies made about 80% to 60% of cars sold in the US in Mexico or in their home country. The outshoring was used by American and foreign companies as a way to keep American automobile wages low as American companies could threaten workers asking for higher wages with loss of jobs by outshoring the production. This happened for two decades under the elder Clinton, Bush and Obama administrations. The US International Trade Commission estimates in a 2024 study that this 25% tariff would increase revenues by 5% and prices by 5% in the US for cars. Higher prices over 10% would be borne by affluent buyers of BMW's, Benz and Audis. Because US auto plants have excess capacity and operate at 60% in 2025 they could quickly increase American production without increasing prices as American manufacturers car sales increase. Hyundai plans to invest $21 billion in US plants from 2025. UAW union supports this move by DJT and trade advisers Lighthizer, Jamieson USTR, and Navarro.
Grouped Articles
Trump says he 'couldn't care less' if car prices rise in the US
BBC News 03/30/2025
Transcript: UAW president Shawn Fain on "Face the Nation with Margaret Brennan," March 30, 2025
03/30/2025
How Trump’s Tariffs Are Hitting Big Car Producers, in Charts
WSJ 03/27/2025
Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs
WSJ 03/28/2025
Used car prices are up 45% since 2019 putting used cars at average price $28000. It is not a discretionary cost, one needs a car to get to work in the US. There are cases of young people not able to pay soaring repair costs quitting work without transport. This is why there was so much discontent in 2024 after supply shocks and price gouging pushed up prices in 2024. Another factor evident in airline ticket pricing was demand and the excess income of the top 20 percent. In housing and apartment rentals supply shortages pushed up prices, demand and excess income of the top 20-30 percent pushed up prices beyond the reach of the rest, higher interest rates made it unaffordable to buy a home for most Americans.
Grouped Articles
Why There Is No Relief Ahead for High Used-Car Prices
WSJ 02/15/2025
The U.S. Economy Depends More Than Ever on Rich People
WSJ 02/24/2025
Decades of growth at 12-14% have left China and the World worse off. As Greg Ip pointed out in WSJ America could not cope with this hyper growth in a country many times the size of Japan after absorbing the growth of Japan in the sixties. The result was the closing down of factories and ever increasing imports from China until America had transferred its manufacturing prowess to China. This led to the societal breakdown in the US with communities dependent on factories across the US feeling the brunt. The other effects were an unprecedented in scale use of coal and fossil fuels to fuel hyper growth rates in China that created the problems of World Climate Change by 2023 and contamination of water, land and air inside China. By 2030 China will be aging rapidly similar to Japan today and the slowing economy in 2024 onwards could mean China will be stuck in the Middle Income category. All this poses lessons for America, for Europe, India and the World on what kind of growth is healthy and what kind is not, what is sustainable growth and what is not,what works well for the planet and what does not.
Grouped Articles
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
NYTimes.com 10/16/2023
An Even Bigger Housing Crisis Threatens China’s Economy
WSJ 09/18/2023
Is China’s Economic Predicament as Bad as Japan’s? It Could Be Worse
WSJ 09/19/2023
China’s Economy Remains Shaky After Challenging Summer
WSJ 10/13/2023
As energy prices recede somewhat food prices remain very high in Europe increasing the impact on middle and lower income households. Food retailers are seen as increasing profit margins at a bad time for households. It has become that bad that households are cutting purchases by 10%.
Grouped Articles
The Guardian 05/26/2023
German economy enters recession, shrinks 0.3% in 1st quarter – DW – 05/25/2023
dw.com 05/25/2023
It Just Had an Energy Crisis, Now Europe Faces a Food Shock
WSJ 05/24/2023
Japan Core Inflation Hits 4% for First Time in Four Decades
WSJ 01/20/2023
UK inflation falls to 8.7% but food price rises remain close to 45-year high
The Guardian 05/24/2023
Spain announces €10bn help to fight rising prices
BBC News 02/02/2023
Denmark is a key player for renewable energy expansion and for port logistics modernization in India. Denmark produces 50% of its energy from wind power, Germany 25%. A Danish business delegation accompanies the prime minister on a visit to New Delhi and India participates in a Nordic Conference in 2022.
Grouped Articles
A Nordic-India connect to power a green transition
The Hindu 02/08/2023
www.narendramodi.in 08/27/2022
Danish port city to play key role in Europe's wind energy plans | DW | 24.07.2022
DW.COM 07/24/2022
Denmark eyes Germany among top wind farm clients | DW | 09.10.2021
DW.COM 10/09/2021
The $369 billion Biden Bill on Climate is the biggest bill ever. It was put through with Biden's fellow senators and his long experience in the Senate of the US through the efforts of Senator Coon and Hickenlooper who took a new approach to negotiating with Senator Manchin appealing to his place in history and in the party. Biden said while signing the bill "Joe I never doubted for a moment." Senator Schumer of New York did the negotiations and persevered till the end when Manchin was on board. Adjustments were made to allow increase in drilling to bring down oil prices to create a win-win for all so that it could be called The Inflation Reduction Act of 2022 as pharmaceutical prices would also come down with the government retaking the right to negotiate pharmaceutical prices lost under Republicans. It is also a Win for Europe, India, and the World.
Grouped Articles
Biden Signs Expansive Health, Climate and Tax Law
NYTimes.com 08/16/2022
Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain
NYTimes.com 08/18/2022
What’s in Joe Manchin and Chuck Schumer’s Reconciliation Deal on Climate, Health and Tax Policy?
WSJ 08/12/2022
Climate Bill Aims to Boost America’s Charging Network to Meet Rising EV Demand
WSJ 08/12/2022
Opinion | Bill Gates: We’re on the Verge of a Remarkable Moment for Congress and the Country
NYTimes.com 08/07/2022
Democrats’ Climate and Tax Deal Closes In on Passage
WSJ 08/05/2022
The WSJ report on the miscalculations going back 20 years by all sides looks at key events since 2002. An interview by Timakova and Kolesnikov of the Russian president provides more insights into his mindset and thinking.
Grouped Articles
An Astonishing Self-Portrait by Russia's President
NYTimes.com 04/02/2022
Opinion | What’s on Vladimir Putin’s Reading List?
WSJ 04/01/2022
Russian Strategy in Ukraine Shifts After Setbacks, and a Lengthy War Looms
WSJ 04/01/2022
Russia Set for Steep Slump and Long Stagnation in Wake of Ukraine War
WSJ 03/31/2022
Putin advisers ‘afraid to tell him truth’ about Ukraine error, says GCHQ head
The Guardian 03/30/2022
Biden says Putin ‘badly miscalculated’ in invading Ukraine.
NYTimes.com 03/02/2022
If and how it is possible to escape the algorithm based social media platforms TikTok, Facebook and others, harmful for girls and the young, and to mental health, diversity, and education that leads to upward mobility, is the subject of a WSJ series in 2021.
Grouped Articles
The TikTok Spiral, Part 1: Descent - Tech News Briefing - WSJ Podcasts
WSJ 12/27/2021
The TikTok Spiral, Part 3: Escape the Algorithm - Tech News Briefing - WSJ Podcasts
WSJ 12/29/2021
‘The Corpse Bride Diet’: How TikTok Inundates Teens With Eating-Disorder Videos
WSJ 12/17/2021
Teens Are Developing Tics. Doctors Say TikTok May Be A Factor. - The Journal. - WSJ Podcasts
WSJ 11/08/2021
Facebook Faces Official Questions in India Over Policing of Hate Speech
WSJ 10/28/2021
Facebook Whistleblower’s Testimony Builds Momentum for Tougher Tech Laws
WSJ 10/05/2021
Grouped Articles
One in six children aged 5-16 in England 'likely to have a mental disorder'
The Guardian 10/22/2020
Revealed: anti-vaccine TikTok videos being viewed by children as young as nine
The Guardian 10/08/2021
How Other Nations Pay for Child Care. The U.S. Is an Outlier.
NYTimes.com 10/26/2021
Foundational learning took a hit amid Covid, only 19% schools have access to internet: UNESCO report
The Indian Express 10/05/2021
Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show
WSJ 09/14/2021
Web giants ‘fuel child mental health crisis’
06/14/2018
Redesign of global supply chains is underway.
Grouped Articles
Supply chain crisis causes rethink at multinationals
10/03/2021
‘A perfect storm’: supply chain crisis could blow world economy off course
The Guardian 10/02/2021
East Asia’s Economies Face Slowing Growth and Rising Inequality, World Bank Warns
WSJ 09/28/2021
The World Relies on One Chip Maker in Taiwan, Leaving Everyone Vulnerable
WSJ 06/19/2021
For Clean Energy, Buy American or Buy It Quick and Cheap?
NYTimes.com 05/11/2021
An algorithm that exaggerates the outrage online creating an angrier place on the internet is one of the findings of the WSJ Facebook Investigation. It shows broken policies, broken tech and broken management. The effects on women are equally insidious and dangerous for mental health.
Grouped Articles
The Facebook Files, Part 4: The Outrage Algorithm - The Journal. - WSJ Podcasts
WSJ 09/20/2021
WSJ 09/15/2021
Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show
WSJ 09/14/2021
Why Free Is Too High a Price for Facebook and Google
WSJ 06/08/2019
WSJ 09/16/2021
Biden’s Facebook Attack Followed Months of Frustration Inside White House
WSJ 07/18/2021
Grouped Articles
EU reaches deal on approving COVID 'travel pass' | DW | 20.05.2021
DW.COM 05/20/2021
Covid-19: EU to reopen borders to travellers who are fully vaccinated
France 24 05/20/2021
Covid passports: a freedom certificate that may get the world travelling again
The Times 01/17/2021
Covid-19 Vaccination Cards Are the Only Proof of Shots, Soon an Essential
WSJ 03/30/2021
Two crises back to back in 2010 and 2020 which set back the working class, the middle class and the poor, and the neglect of capital allocation to healthcare, education, infrastructure. Pope Francis calls for a culture that feels others pain, that "gives access to all to the fruits of creation, to the basic needs of life: to land, lodging, and labor." See "Misallocation of Capital" in Top Stories for more coverage.
Grouped Articles
Cost of Living Crisis and huge gaps in income and wealth between the top 20 percent and the bottom 80 percent aggravate standards of living in America in a way not seen since the Second World War. About 45% increase in prices on cars, used cars, car repairs, housing rentals and groceries, in many household expenses, since 2019. Incomes of workers not having kept up with this kind of spiralling inflation. This is upending the social compact and leading to loss of faith in governments in the US and Europe. Change in governments in UK, France, Germany, and the US and a sense of unease among people.
Grouped Articles
Even Disney Is Worried About the High Cost of a Disney Vacation
WSJ 02/09/25
At a critical juncture which Lyrarc compared to the 1948 effort by Harry Truman to get Congress to support aid to Greece and Turkey. Devastated by the war Greece and Turkey's democracies faced an imminent threat from a Communist takeover supported by the Soviet bloc. Ukraine was at a critical juncture in the war with Russia when Biden met Republican Speaker Mike Johnson at the White House with Mitch McConnell and Pat Schumer in Feb 2024. Schumer said a lot of the credit goes to McConnell to convince 31 Republican Senators a majority of his caucus to support Ukraine Aid at a critical moment.
Grouped Articles
Aid to Ukraine seemed dead. Then secretive talks revived it.
Washington Post 04/25/24
Bucking G.O.P. Isolationists, McConnell Was Linchpin in Winning Ukraine Aid
NYTimes.com 04/24/24
‘Kharkiv Is Unbreakable’: A Battered City Carries On
NYTimes.com 04/24/24
Opinion | Ukraine Aid in the Light of History
NYTimes.com 04/24/24
Senate Approves Aid for Ukraine and Israel, Sending It to Biden’s Desk
NYTimes.com 04/24/24
Speaker Johnson’s Ukraine Package Clears Key Hurdle With Democratic Help
WSJ 04/19/24
What does the future of work look like. Ideas from Laura Carstensen of the Stanford Center for Longevity who says rather than follow an outdated norm of education in the early part of life, work in the middle part of life and leisure in the latter part of life, it makes sense to mix education, work and leisure throughout life. Feierabend is the German practice of breaking off from work at 5.01 pm so that one can go outdoors for exercise and fresh air. All this with nutrition and exercise, healthy living, contributes to a more productive satisfying life that includes time for family, parents and children.
Grouped Articles
By April 2023 with winter over it is clear that Europe has come out of the winter season with its economy intact after shutdown of pipeline gas from the pipelines in Russia. A lot of action was taken in a short time- Germany's Habeck went to Qatar and other countries to secure LNG supplies, a new LNG terminal was built at Wilhelmshaven in record time, Norway and the US pitched in with more supplies, conservation went into high gear, and renewable energy investments were accelerated. There is no recession in the European Union as a result of this effort. And in this sense and with the Ukrainian economy functioning, generators taking Ukraine through a tough winter, EU taking in 80% of Ukraine agricultural exports, and supermarket shelves kept well stocked, refugees settled in Poland and Germany, the war has already been decided. The principle of no impunity for attacks on neighboring countries has been preserved by the EU acting together to protect itself.
Grouped Articles
Opinion | Putin’s Energy Offensive Has Failed
NYTimes.com 04/07/23
Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGEL
SPIEGEL ONLINE 04/07/23
An LNG pipeline built in record time – DW – 11/01/2022
dw.com 11/04/22
Italy signs a strategic partnership agreement with India. President Scholz of Germany visits India with a business delegation. Siemens plans railway modernization manufacturing plants in India. New aviation sector is being built with French and US assistance and a huge order from Air India. Denmark's Maersk and other Danish companies help build the port logistics in India after a business and trade agreement with Denmark. The European Union joins the US in building a new supply chain based in India to replace one that caused inflation and bottlenecks, and was seen as a security risk with concentration of the supply chain in one country.
Grouped Articles
India, Italy elevate ties to strategic partnership, sign MoU on defence cooperation
The Hindu 03/02/23
Germany's Scholz in India: What's at stake? – DW – 02/25/2023
dw.com 02/28/23
On India visit, German Chancellor Olaf Scholz drinks tea at a street corner in Delhi
The Hindu 02/27/23
Siemens partners with India on railway modernization – DW – 02/27/2023
dw.com 02/27/23
The Hindu 12/04/22
A Nordic-India connect to power a green transition
The Hindu 02/08/23
Grouped Articles
‘Wrong about Putin’: Did Germany and France turn a blind eye to the threat from Russia?
France 24 04/10/22
Opinion | Barack Obama Rewrites His Russia History
WSJ 04/08/22
Opinion | How Germany Became Putin’s Enabler
NYTimes.com 04/08/22
Merkel 'stands by' past Ukraine NATO decision after Zelenskyy criticism | DW | 04.04.2022
DW.COM 04/04/22
Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled It
WSJ 04/01/22
Opinion: Ukraine will survive — but the West should be ashamed | DW | 25.02.2022
DW.COM 02/25/22
Grouped Articles
Truss-Jaishankar faceoff over sanctions: ‘most Russian oil buyers in Europe’
The Indian Express 04/01/22
India’s stand on Russia tied to the ‘extra issue’ of China’s challenge: Australian envoy
The Hindu 03/29/22
Opinion: Targeting India for buying Russian oil smacks of hypocrisy | DW | 22.03.2022
DW.COM 03/28/22
Grouped Articles
Chancellor Olaf Scholz? Change Without Disruption
Institut Montaigne 12/08/21
Who is Olaf Scholz, the new German chancellor?
The Times 12/08/21
Germany's Olaf Scholz pushes for stronger EU, issues warning to Russia | DW | 07.12.2021
DW.COM 12/07/21
Germany’s Scholz Takes Power After Merkel’s 16-Year Rule
WSJ 12/08/21
It is proven that just two hours a week of walks in nature setting in parks, natural settings, green areas, or forested areas, can be hugely beneficial for health and wellbeing during the pandemic. Long and recurrent lockdowns or partial lockdowns, closure of schools, loss of work and income, have had devastating effects on mental health in many countries. Much needs to be done to promote nature walks and bringing nature as a healing mechanism to take some of the burden off the overburdened health services of many countries. Awareness of this in the UK and funds + projects to do this can be a model for other countries.
Grouped Articles
Two-hour ‘dose’ of nature significantly boosts health – study
The Guardian 06/13/19
Oyster Shoreline at ‘Greater New York’ Has a Pearl of a Message
NYTimes.com 10/04/21
‘It took a year to get help’: generation Z on mental health decline
The Guardian 09/30/21
Natural health service: wildlife volunteers get mental health boost
The Guardian 10/02/17
Nature on prescription: wetlands project aims to boost mental health
The Guardian 05/13/21
‘These salt marshes saved my life’: how nature is helping mental health
The Guardian 10/09/21
During the pandemic women increasingly stayed at home while men continued to work. Figures from Bureau of Labor Statistics show women ended up with doing even more household chores than men in 2020 compared to 2019. As a result women during the coronavirus feel worn out or burned out in addition to losing income. WSJ offers ways women can tackle this problem both by getting men to share in household chores, and finding employers who are family friendly as the coronavirus pandemic declines in 2022.
Grouped Articles
How to Find a Family-Friendly Workplace
WSJ 09/24/21
Women Still Do More of the Housework. Here’s How to Share the Load.
WSJ 09/23/21
Healthy living means no more than 6% of daily calories of 2000 calories a day should come from sugar intake. During the coronavirus pandemic poor health habits mean pouring gasoline on fire. It is morally indefensible and a sign of a backward country that the the health guideline is set at 10% in the US. The mean consumption of sugar today in the US is 13%. In teaspoons about 6-8 teaspoons of added sugar is the healthy limit, at 16 calories per teaspoon this is 96 calories to 120 calories from added sugar. In grams this is 24 grams at 4 grams per teaspoon of sugar. It is critical to make it a habit to look at packaged foods labels and make intelligent choices. And to simply cut the sugar we add in tea, coffee or drinks by a third or a fourth. Good habits = good health. It is also critical to start this with public education in schools from K1 to high school.
Grouped Articles
Boris Johnson must help us kick our sugar habit
The Times 07/17/21
Beware sugar highs: seven healthy ways to get more energy – from stretching to sourdough
The Guardian 04/05/21
New Limits Urged on Americans’ Sugar Consumption Amid Rising Obesity Concerns
WSJ 10/05/20
Make 2020 the Year of Less Sugar
NYTimes.com 01/06/19
Grouped Articles
Covid vaccine roll-out grinds to halt as shortages hit EU
The Times 01/30/21
Michel Barnier tells EU to step back from Covid vaccine war
The Times 01/30/21
E.U. and U.K. Fighting Over Scarce Vaccines
NYTimes.com 01/27/21
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
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