Toyota Mobility Tokyo, a major dealership subsidiary of Toyota Motor Corporation, has come under scrutiny from Japan’s Fair Trade Commission (JFTC) for allegedly engaging in anti-competitive business practices. The warning, issued on Thursday, points to suspected violations of Japan’s Antimonopoly Act through the bundling of unwanted services with vehicle purchases.
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This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
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Canada Retaliates with 25% Tariff on US Vehicle Imports
Canada has taken a bold step in its ongoing trade dispute with the United States by imposing a 25% tariff on American vehicle imports.
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US Auto Tariffs Lead to Shipment Halts by Automakers
The US automotive industry is facing new challenges as the implementation of fresh import tariffs has led several major international car manufacturers to suspend shipments to the United States.
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China’s New Tariffs to Skyrocket American Car Prices
American car buyers in China are bracing for unprecedented price hikes as new retaliatory tariffs are set to take effect, potentially altering the country’s auto market dynamics.
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Asian Stock Markets Crash as US Tariff Fears Rise
April 7, 2025 — Stock markets across the Asia-Pacific region experienced a brutal selloff on Monday, as growing fears over an economic recession triggered by the United States’ aggressive tariff policy sent shockwaves through global financial systems.
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Bangladesh Approves Starlink Internet Amid Rising Trade Tensions
In a bold move toward digital transformation, Bangladesh has officially granted a license to Elon Musk’s satellite internet venture, Starlink, opening the door to high-speed internet access across remote regions of the country.
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Chery QQ Set for Electrified Comeback with Stylish Redesign
Chery Automobile is all set to reintroduce its iconic QQ hatchback, which once ruled Chinese city streets, with a brand-new design.
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Japanese Premier Ishiba to Urge Trump to Reconsider Tariff Hike
Japanese Prime Minister Shigeru Ishiba is preparing for a crucial phone conversation with U.S. President Donald Trump early next week to address the escalating concerns surrounding Washington’s new tariff policy.
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Saudi Arabia Tightens Visa Policy for Pakistan and Other Countries
April 6, 2025 – In a significant development, Saudi Arabia has introduced sweeping changes to its visa policy, affecting travelers from 14 countries, including Pakistan, India, Egypt, Bangladesh, and Indonesia.
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UAE Launches Landmark Tax Reforms to Boost Investment
The UAE Ministry of Finance has introduced a series of transformative tax reforms aimed at spurring economic growth and attracting more investments into the region.
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