Wall Street slashes stock market forecasts amid Trump tariff fears
4 Articles
4 Articles
Automotive stocks: The effect of tariffs on shares of popular automakers
Audley C Bullock // Shutterstock Automotive stocks: The effect of tariffs on shares of popular automakers The Trump administration announced on March 26 a 25% tariff on imports of automobiles and certain automobile parts, aiming to bolster U.S. manufacturing and protect national security. Unsurprisingly, it sent shockwaves through the automotive industry and financial markets—consumers rushed to buy cars ahead of potential price hikes, and inves…
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