Tesla has sold more cars in Norway in 11 months than any other brand in a whole year, according to statistics published on Monday, in contrast to the rest of Europe where the electric car brand run by Elon Musk has faced headwinds. In Norway Tesla has sold nearly 29,000 cars since January, surpassing the record of any brand for an entire year.
Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump's tariffs on Mexico, Canada and China. Yale University's Budget Lab has estimated the net impact of Trump's tariffs will be between a 1.0 percent and 1.2 percent hike to consumer prices, a yearly toll of $1,600 to $2,000 per household.
Twelve Chinese nationals, including two public security ministry officers, have been indicted for a series of hacking attacks, including a 2024 breach of the US Treasury, the Justice Department said Wednesday. The Justice Department said the private Chinese hackers were paid in some cases by the Chinese ministries of public security and state security to exploit specific victims.
US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.
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