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U.S. Automakers Hit With $10.6 Billion Tariff Burden Amid Trade Pressures

                                            A truck carries brand new cars on March 04, 2025 in Richmond, California.  U.S. automakers are facing mounting financial strain as tariffs on vehicles and auto parts imported from Canada and Mexico have surged past $10 billion in 2025, with estimates projecting the total to reach $10.6 billion by the end of October . The tariffs, imposed under trade measures tied to national security and regional content rules, have forced manufacturers to absorb much of the cost rather than immediately passing it on to consumers. However, analysts warn that vehicle prices could soon rise as companies struggle to offset the escalating expenses. Industry experts note that while the U.S.-Mexico-Canada Agreement (USMCA) provides some relief by reducing duties on vehicles meeting strict content requirements, many automakers st...
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Ceasefire Under Strain as Israeli Airstrikes Hit Rafah

 

                                        Gaza truce falters: Hamas attacks Israeli troops in Rafah; IDF launches airstrikes.


The Israeli military confirmed on Sunday that it carried out airstrikes in the Rafah area of southern Gaza, citing what it described as a “blatant violation” of the fragile ceasefire by Hamas. According to the Israel Defense Forces (IDF), militants fired an anti-tank missile and opened fire on Israeli troops operating near Rafah, prompting retaliatory strikes on what the military said were Hamas positions.

Witnesses in Gaza reported hearing multiple explosions and heavy gunfire in Rafah and nearby Khan Younis. Local health officials said casualties were being assessed, though initial reports indicated at least two deaths in northern Gaza from related strikes.

The escalation comes just days after a U.S.-brokered ceasefire took effect, raising hopes of easing tensions after months of violence. Both sides have since traded accusations of breaching the truce, with Hamas insisting it remains committed to the agreement and accusing Israel of undermining it.

The renewed hostilities highlight the fragility of the ceasefire and the challenges facing international mediators as they attempt to prevent a wider breakdown in Gaza.

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