Soo Youn

2 months ago | yahoo.com | Max Zahn |Soo Youn |Jack Moore

President Donald Trump announced on Wednesday plans to slap 25% tariffs on all imported cars, escalating a global trade war just weeks after previous tariffs touched off a market rout and triggered concern about a possible recession. "I think our automobile industry will flourish like it hasn't before," Trump said. The 25% tariffs will be applied to imported passenger vehicles, including cars, SUVs, minivans, cargo vans and light trucks, according to a White House fact sheet released after Trump's Oval Office remarks.

2 months ago | abcnews.go.com | Max Zahn |Jack Moore |Soo Youn

The major stock indexes closed down on Wednesday.

Jan 17, 2025 | abcnews.go.com | Kiara Alfonseca |Jaclyn Lee |Soo Youn |Jill Castellano

Sites that host rental listings in the Los Angeles County area are scrambling to address rent gouging amid the destructive, deadly wildfires ravaging the region.