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US plans to hike tariffs on EU cars to 25% will hit luxury market the most
US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.
First seen · 7:50 PM UTCMay 5, 2026
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Also happening today
All today →Culture
Kodomo no Hi
Japan's Children's Day, part of Golden Week. Families fly koinobori — carp-shaped windsocks — outside their homes, one for each child. The carp swims upstream; so should you.
Culture
Cinco de Mayo
Commemorates Mexico's 1862 victory at the Battle of Puebla. A regional observance in Mexico, a much louder party in the US than it ever was south of the border.
Public holiday
Arrival Day
Arrival Day is observed in Guyana. Recognized nationally.
Public holiday
Children's Day
Children's Day is observed in Japan (こどもの日). Recognized nationally.
Also on this date in history
All →2023
The World Health Organization declares the end of the COVID-19 pandemic as a global health emergency.
Milestone2010
Mass protests in Greece erupt in response to austerity measures imposed by the government as a result of the Greek government-debt crisis.
Milestone2007
Kenya Airways Flight 507 crashes after takeoff from Douala International Airport in Douala, Cameroon, killing all 114 aboard, making it the deadliest aircraft disaster in Cameroon.
Disaster