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Engadget
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The Morning After: Will the US imported car tariffs work?
- The US is imposing a 25% tariff on all cars produced outside its borders, as well as additional fees on imported components like engines and transmissions.
- The move is aimed at protecting the American car industry from imports, but there are exemptions for US-based companies and those sourcing from Mexico and Canada.
- Hefty tariffs may not necessarily drive consumers to buy American cars if other brands become pricier, as seen in the past with the surge in popularity of Japanese cars.
- The new administration's actions may lead to a shift back to gas-powered vehicles, potentially undermining the US auto industry's competitiveness against China.
- The Pentagon alerts government officials about Russian hackers targeting the privacy-focused messaging app Signal.
- The Light Phone III, a minimalist phone with private GPS, is now available for purchase.
- No Man's Sky introduces a feature allowing players to excavate planets for ancient alien skeletons.
- Canon launches the PowerShot V1 Compact and R50 V mirrorless cameras tailored for vlogging.
- Block, the payments company owned by Jack Dorsey, lays off 931 employees to streamline operations.
- Robinhood announces plans to offer banking services with luxury perks and same-day cash delivery to users with a Gold subscription.
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