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Trump Files $10 Billion Lawsuit Over IRS Tax Leak

US President Donald Trump and his sons Eric Trump, left, and Donald Trump Jr, right, have sued the US federal government over tax leaks.  A new legal battle has erupted as President Donald Trump launches a sweeping $10 billion lawsuit against the U.S. government, accusing federal agencies of failing to protect his confidential tax information. The suit targets both the IRS and the Treasury Department, alleging that years of his private financial records were improperly accessed and leaked to media outlets he describes as politically hostile. The complaint argues that the unauthorized disclosure caused significant damage to Trump’s reputation, business interests, and public standing. It also claims that the leak stemmed from a politically motivated insider who exploited access to sensitive IRS systems. That individual has since been convicted, but Trump maintains that the government bears responsibility for allowing the breach to occur in the first place. The lawsuit, filed in fe...
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Tariff Turmoil: Wall Street Wobbles Amid Auto Industry Shake-Up

 

Wall Street faced a turbulent day as President Trump's announcement of 25% tariffs on imported cars sent ripples through the stock market. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced declines, reflecting investor concerns over the potential economic impact of the tariffs.

Automakers were among the hardest hit, with General Motors and Ford seeing significant drops in their stock prices. Even U.S.-based manufacturers felt the strain due to their complex supply chains spanning North America. Meanwhile, electric vehicle makers like Tesla and Rivian fared better, as their production is largely U.S.-based.

The tariffs, set to take effect on April 2, have sparked fears of a trade war and raised questions about their long-term implications for the global economy. Investors remain cautious, with many bracing for further market volatility. 



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