Trump Escalates Tariffs On EU Vehicles To 25%, Accusing Bloc Of Trade Deal Violations

Inside Ford's "Passionate" Reinvention Ford has reshaped its business by narrowing its lineup to vehicles with stronger brand appeal and higher profit potential. Instead of offering a wide range of sedans, hatchbacks, and family cars, the company is concentrating on trucks, SUVs, sports cars, and models that customers can personalize with factory-backed upgrades, according to a new Wall Street Journal report. At a recent event, Ford showcased customized Broncos, F-150s, and Mustangs, underscoring the company's emphasis on vehicles that stand out rather than blend in. As Matt Simpson, who leads Ford's...

Trump Eyes Boots On The Ground Along Hormuz Shoreline Several reports this week into Thursday say the Trump administration is quietly weighing a major escalation - potentially deploying thousands of additional troops to the Middle East as the White House struggles to map out an end game in Iran, according to Reuters. Interestingly, the Reuters report doesn't include the phrase that Trump strongly campaigned against: 'boots on the ground'. Instead the report framed things more simply as "US weighs military reinforcements as Iran war enters possible new phase." Are the American people being...

Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.  The BOJ spent a record $90BN to briefly push the yen higher. Another catastrophic intervention by the central bank which is 100bps behind in rate hikes (chart Goldman) pic.twitter.com/xOGszXSgF7 — zerohedge (@zerohedge) July...