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Global stocks drop ahead of Trump auto tariff announcement

  • Global stock markets mostly declined as investors awaited an announcement on auto tariffs from US President Donald Trump, with all major indices closing lower.
  • White House Press Secretary Karoline Leavitt stated that Trump would announce new tariffs on the auto industry at 4:00 PM local time.
  • Consumer confidence in the US dropped to its lowest level since 2021, as reported by the Conference Board, amid concerns about rising prices from Trump’s tariff plans.
  • Market reactions showed mixed results, with defense stocks rising due to increased military spending, while most European markets and major US indices declined.
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Princeton ClarionPrinceton Clarion
+8 Reposted by 8 other sources
Lean Right

Global stocks drop ahead of Trump auto tariff announcement

Global stock markets mostly slipped Wednesday as investors readied for an announcement on auto tariffs from US President Donald Trump.

Bryan TimesBryan Times
+9 Reposted by 9 other sources
Lean Right

Global stocks drop as US tariff uncertainty lingers

Global stock markets mostly slipped Wednesday as investors digested conflicting signals from President Donald Trump about his coming wave of tariffs.

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Quotidiano Nazionale broke the news in Italy on Wednesday, March 26, 2025.
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