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Trump's auto tariffs, Hegseth’s denial and Kursk

U.S. President Donald Trump announces his latest trade war salvo – a 25% tariff on imported vehicles. Defense Secretary Pete Hegseth texted about plans to kill a Houthi leader just two hours before a military operation that was meant to be top secret, but denies that he shared war plans. And Reuters is one of the first international news outlets to gain access to Kursk – hear from the ground as Russian troops are close to driving out the last Ukrainian forces. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Find the Recommended Read here…

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