Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump's tariffs. Prices on the Mustang Mach-E electric SUV, Maverick pickup and Bronco Sport will increase by as much as $2,000 on some models, according to a notice sent to dealers, which was reviewed by Reuters. Ford earlier this week said Trump's trade war would add about $2.5 billion in costs for 2025, but it expects to reduce that exposure by around $1 billion. Rival General Motors said last week that tariffs were projected to cost it between $4 billion and $5 billion following the imposition of hefty levies on foreign imports of automobiles, but it expected to offset that by at least 30%. A Ford spokesperson said the price hikes will affect vehicles built after May 2, which would arrive at dealer lots in late June. The spokesperson said the price hikes reflect "usual" mid-year pricing actions, "combined with some tariffs we are facing. We have not passed on the full cost of tariffs to our customers." Ford shares were down 1.7% at $10.26 at midday. The automaker is still running a discount program through the July 4 weekend on many of its models, the spokesperson said. Trump's tariffs have unleashed weeks of uncertainty across the auto sector, as major carmakers in the United States and Europe have pulled forecasts, shifted production and caused companies to idle plants. Following weeks of pushback from the auto industry, Trump softened his tariffs on foreign auto parts imports to give carmakers credits for what is produced in the U.S. and to avoid double-tariffs on raw materials used in auto production. However, the White House has not rescinded a 25% tariff on the 8 million vehicles the U.S. imports annually. Analysts have said U.S. auto sales could drop by more than 1 million vehicles a year if tariffs were to remain in place. Ford is in a better position to weather tariffs than some of its competitors because of its strong U.S. manufacturing base. The Dearborn, Michigan, automaker assembles 79% of its U.S.-sold vehicles domestically, compared with GM's 53%, Barclays analysts said in a note. Still, Ford imports one of its most affordable and popular vehicles, the Maverick, from Mexico. Most major U.S. automakers face significant price hikes on their cheaper models produced in the country. Ford and GM also face significant levies on imports from China and South Korea, respectively. GM estimated that the costs on its Korean imports totaled about $2 billion, while Ford declined to specify the expenses around importing vehicles from China. Automakers that rely on exports to the United States are facing increased pricing pressure. A dozen major automakers including Toyota and GM import at least 40% of the vehicles they sell in the U.S., with some such as Volkswagen and Hyundai Motor importing more than 60%, according to 2024 data from S&P Global Mobility. Before Ford's move, most automakers had not taken the step of boosting prices, but had warned that was on the way. Porsche said it would have to boost its selling cost if tariffs remained in place while U.S. Volkswagen's Audi brand also suggested potential price increases, without providing any details. By contrast, BMW expects U.S. car tariffs to decline from July, based on its contacts with U.S. officials - a more upbeat assessment of the trade climate than many rivals. GM's finance chief, Paul Jacobson, told analysts last week that the automaker was not expecting imminent price increases, saying they "feel good about where the pricing environment is today."

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It Is Not In India's Best Interest To Fight With Pakistan

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Can We Trust Trump's Cabinet Members Not Turn On Him?

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More trouble for the USS Harry S. Truman aircraft carrier. An F/A-18 fighter jet landing on the Truman in the Red Sea went overboard, forcing its two pilots to eject. They were later rescued by a helicopter and suffered minor injuries. The incident marks the latest mishap to mar the deployment of the Truman. Last month, another fighter jet slipped off the hangar deck of the Truman. The F/A-18s cost about 60 million dollars apiece.

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The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen. The Fed kept its rate at 4.3% for the third straight meeting, after cutting it three times in a row at the end of last year. Many economists and Wall Street investors still expect the Fed will reduce rates two or three times this year, but the sweeping tariffs imposed by Trump have injected a tremendous amount of uncertainty into the U.S. economy and the Fed’s policies.

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Kristi Noem DESTROYS Rep. Veronica Escobar On Capitol Hill

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Elie Mystal Called Our Constitution A 'Piece Of Crap'

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The Trump administration is closely watching the conflict between India and Pakistan. President Trump describes the rising tensions between India and Pakistan as “a shame” and hopes the conflict between the two nuclear-armed rivals ends “very quickly.” Secretary of State Marco Rubio wrote online that he was monitoring the situation closely. He said Washington would continue to engage the Asian neighbors to reach a “peaceful resolution.”

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With a Vatican official calling out “extra omnes” and the door to the Sistine Chapel shutting, the conclave to elect Pope Francis’ successor has officially begun. More than 130 Catholic cardinals on Wednesday began the secretive, centuries-old ritual to elect a successor to Pope Francis, opening the most geographically diverse conclave in the faith’s 2,000-year history. Two by two, the cardinals entered the Sistine Chapel chanting the meditative “Litany of the Saints” as Swiss Guards stood at attention.

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With a Vatican official calling out “extra omnes” and the door to the Sistine Chapel shutting, the conclave to elect Pope Francis’ successor has officially begun. More than 130 Catholic cardinals on Wednesday began the secretive, centuries-old ritual to elect a successor to Pope Francis, opening the most geographically diverse conclave in the faith’s 2,000-year history. Two by two, the cardinals entered the Sistine Chapel chanting the meditative “Litany of the Saints” as Swiss Guards stood at attention.

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Joe Pags joins Mike Gallagher to discuss what the media is doing now to undermine President Trump. See more on Salem News Channel.

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Florida governor Ron DeSantis recently banned fluoride from drinking water in the sunshine state. RFK Jr's MAHA movement is very critical of the substance being in drinking water. All this begs the question: Is Fluoride Good for us?

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Conclave to elect new Pope starts today One hundred and thirty-three cardinals are sequestering themselves behind the Vatican's medieval walls for the start of a conclave Wednesday to elect a successor to Pope Francis. Cardinals have wrapped up their pre-conclave meetings with no clear frontrunner. They’re trying to identify someone who could make the 2,000-year-old Catholic Church credible and relevant today, especially to young people. The cardinals held their last day of pre-conclave meetings Tuesday morning during which Francis’ fisherman’s ring and his official seal were destroyed in one of the final formal rites of the transition to the 267th Pope. The process is guided by the Holy Spirit, and is designed to be free from outside interference. Taking no chances, the Vatican is asking cardinals to hand over their phones for the duration of the conclave and is deactivating cell phone coverage at the Vatican. It also plans to use signal jammers, in order to prevent surveillance and communication with the outside world. The electors cast paper ballots, and voting continues until one candidate receives a two-thirds majority, or 89 votes. After two rounds of voting, ballots are burned in a special stove — black smoke … signals no decision, while white smoke … means a new pope has been chosen. ‘Diddy’ Trial Jury selection expected to finish today Jury selection in the trafficking trial of hip-hop mogul Sean “Diddy” Combs is expected to wrap up today. Lawyers for the 55-year-old entertainer and prosecutors have worked for two days to assemble 35 individuals for a pool of 45 people from whom the jury will be picked. Combs has pleaded not guilty to an indictment charging him with leading a racketeering conspiracy that engaged in various crimes, including kidnapping, arson, bribery and sex trafficking. China launches a blitz of policies to help its economy China and the U.S. have announced plans for talks between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng later this week in Geneva, Switzerland. China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war. People’s Bank of China Governor Pan Gongsheng said Wednesday that its lending rate to commercial banks would be reduced by 25 basis points to 1.5%. High tariffs imposed by Trump have begun to take a toll on China’s export-dependent economy, which was already under pressure from a prolonged downturn in real estate.

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How will the tariffs on Hollywood affect movies? See more on Salem News Channel.

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President Trump meets new Canadian Prime Minister.

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The United States is halting its airstrikes on Houthi rebels in Yemen. President Trump announced the end of the bombing campaign, saying the Houthis “capitulated” and “they don’t want to fight anymore.” For the past two months, the U-S military launched airstrikes targeting the Houthis, who’ve attacked Red Sea shipping and Israel.

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Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump's tariffs. Prices on the Mustang Mach-E electric SUV, Maverick pickup and Bronco Sport will increase by as much as $2,000 on some models, according to a notice sent to dealers, which was reviewed by Reuters. Ford earlier this week said Trump's trade war would add about $2.5 billion in costs for 2025, but it expects to reduce that exposure by around $1 billion. Rival General Motors said last week that tariffs were projected to cost it between $4 billion and $5 billion following the imposition of hefty levies on foreign imports of automobiles, but it expected to offset that by at least 30%. A Ford spokesperson said the price hikes will affect vehicles built after May 2, which would arrive at dealer lots in late June. The spokesperson said the price hikes reflect "usual" mid-year pricing actions, "combined with some tariffs we are facing. We have not passed on the full cost of tariffs to our customers." Ford shares were down 1.7% at $10.26 at midday. The automaker is still running a discount program through the July 4 weekend on many of its models, the spokesperson said. Trump's tariffs have unleashed weeks of uncertainty across the auto sector, as major carmakers in the United States and Europe have pulled forecasts, shifted production and caused companies to idle plants. Following weeks of pushback from the auto industry, Trump softened his tariffs on foreign auto parts imports to give carmakers credits for what is produced in the U.S. and to avoid double-tariffs on raw materials used in auto production. However, the White House has not rescinded a 25% tariff on the 8 million vehicles the U.S. imports annually. Analysts have said U.S. auto sales could drop by more than 1 million vehicles a year if tariffs were to remain in place. Ford is in a better position to weather tariffs than some of its competitors because of its strong U.S. manufacturing base. The Dearborn, Michigan, automaker assembles 79% of its U.S.-sold vehicles domestically, compared with GM's 53%, Barclays analysts said in a note. Still, Ford imports one of its most affordable and popular vehicles, the Maverick, from Mexico. Most major U.S. automakers face significant price hikes on their cheaper models produced in the country. Ford and GM also face significant levies on imports from China and South Korea, respectively. GM estimated that the costs on its Korean imports totaled about $2 billion, while Ford declined to specify the expenses around importing vehicles from China. Automakers that rely on exports to the United States are facing increased pricing pressure. A dozen major automakers including Toyota and GM import at least 40% of the vehicles they sell in the U.S., with some such as Volkswagen and Hyundai Motor importing more than 60%, according to 2024 data from S&P Global Mobility. Before Ford's move, most automakers had not taken the step of boosting prices, but had warned that was on the way. Porsche said it would have to boost its selling cost if tariffs remained in place while U.S. Volkswagen's Audi brand also suggested potential price increases, without providing any details. By contrast, BMW expects U.S. car tariffs to decline from July, based on its contacts with U.S. officials - a more upbeat assessment of the trade climate than many rivals. GM's finance chief, Paul Jacobson, told analysts last week that the automaker was not expecting imminent price increases, saying they "feel good about where the pricing environment is today."

Read More...

It Is Not In India's Best Interest To Fight With Pakistan

Read More...

Can We Trust Trump's Cabinet Members Not Turn On Him?

Read More...

Will Trump's cabinet members remain loyal to him? See more on Salem News Channel.

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More trouble for the USS Harry S. Truman aircraft carrier. An F/A-18 fighter jet landing on the Truman in the Red Sea went overboard, forcing its two pilots to eject. They were later rescued by a helicopter and suffered minor injuries. The incident marks the latest mishap to mar the deployment of the Truman. Last month, another fighter jet slipped off the hangar deck of the Truman. The F/A-18s cost about 60 million dollars apiece.

Read More...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen. The Fed kept its rate at 4.3% for the third straight meeting, after cutting it three times in a row at the end of last year. Many economists and Wall Street investors still expect the Fed will reduce rates two or three times this year, but the sweeping tariffs imposed by Trump have injected a tremendous amount of uncertainty into the U.S. economy and the Fed’s policies.

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Kristi Noem DESTROYS Rep. Veronica Escobar On Capitol Hill

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Elie Mystal Called Our Constitution A 'Piece Of Crap'

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The Trump administration is closely watching the conflict between India and Pakistan. President Trump describes the rising tensions between India and Pakistan as “a shame” and hopes the conflict between the two nuclear-armed rivals ends “very quickly.” Secretary of State Marco Rubio wrote online that he was monitoring the situation closely. He said Washington would continue to engage the Asian neighbors to reach a “peaceful resolution.”

Read More...

With a Vatican official calling out “extra omnes” and the door to the Sistine Chapel shutting, the conclave to elect Pope Francis’ successor has officially begun. More than 130 Catholic cardinals on Wednesday began the secretive, centuries-old ritual to elect a successor to Pope Francis, opening the most geographically diverse conclave in the faith’s 2,000-year history. Two by two, the cardinals entered the Sistine Chapel chanting the meditative “Litany of the Saints” as Swiss Guards stood at attention.

Read More...

With a Vatican official calling out “extra omnes” and the door to the Sistine Chapel shutting, the conclave to elect Pope Francis’ successor has officially begun. More than 130 Catholic cardinals on Wednesday began the secretive, centuries-old ritual to elect a successor to Pope Francis, opening the most geographically diverse conclave in the faith’s 2,000-year history. Two by two, the cardinals entered the Sistine Chapel chanting the meditative “Litany of the Saints” as Swiss Guards stood at attention.

Read More...

Joe Pags joins Mike Gallagher to discuss what the media is doing now to undermine President Trump. See more on Salem News Channel.

Read More...

Florida governor Ron DeSantis recently banned fluoride from drinking water in the sunshine state. RFK Jr's MAHA movement is very critical of the substance being in drinking water. All this begs the question: Is Fluoride Good for us?

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Morning Joe Loves AOC

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Speaker Johnson's Action Against Federal Judges

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Conclave to elect new Pope starts today One hundred and thirty-three cardinals are sequestering themselves behind the Vatican's medieval walls for the start of a conclave Wednesday to elect a successor to Pope Francis. Cardinals have wrapped up their pre-conclave meetings with no clear frontrunner. They’re trying to identify someone who could make the 2,000-year-old Catholic Church credible and relevant today, especially to young people. The cardinals held their last day of pre-conclave meetings Tuesday morning during which Francis’ fisherman’s ring and his official seal were destroyed in one of the final formal rites of the transition to the 267th Pope. The process is guided by the Holy Spirit, and is designed to be free from outside interference. Taking no chances, the Vatican is asking cardinals to hand over their phones for the duration of the conclave and is deactivating cell phone coverage at the Vatican. It also plans to use signal jammers, in order to prevent surveillance and communication with the outside world. The electors cast paper ballots, and voting continues until one candidate receives a two-thirds majority, or 89 votes. After two rounds of voting, ballots are burned in a special stove — black smoke … signals no decision, while white smoke … means a new pope has been chosen. ‘Diddy’ Trial Jury selection expected to finish today Jury selection in the trafficking trial of hip-hop mogul Sean “Diddy” Combs is expected to wrap up today. Lawyers for the 55-year-old entertainer and prosecutors have worked for two days to assemble 35 individuals for a pool of 45 people from whom the jury will be picked. Combs has pleaded not guilty to an indictment charging him with leading a racketeering conspiracy that engaged in various crimes, including kidnapping, arson, bribery and sex trafficking. China launches a blitz of policies to help its economy China and the U.S. have announced plans for talks between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng later this week in Geneva, Switzerland. China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war. People’s Bank of China Governor Pan Gongsheng said Wednesday that its lending rate to commercial banks would be reduced by 25 basis points to 1.5%. High tariffs imposed by Trump have begun to take a toll on China’s export-dependent economy, which was already under pressure from a prolonged downturn in real estate.

Read More...

How will the tariffs on Hollywood affect movies? See more on Salem News Channel.

Read More...

President Trump meets new Canadian Prime Minister.

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The United States is halting its airstrikes on Houthi rebels in Yemen. President Trump announced the end of the bombing campaign, saying the Houthis “capitulated” and “they don’t want to fight anymore.” For the past two months, the U-S military launched airstrikes targeting the Houthis, who’ve attacked Red Sea shipping and Israel.

Read More...