As U.S. stock futures drop ahead of President Trump's controversial 'Liberation Day' tariffs, traders brace for potential market turmoil. With significant levies on foreign cars, uncertainty looms over the global economy and investor sentiment.
Donald Trump defends his upcoming 25% tariffs on foreign-made vehicles, asserting they will boost American car sales. However, analysts warn of potential shutdowns and price hikes. Will this lead to a trade war?
Stock futures dipped as President Trump's announcement of a 25% tariff on foreign cars raises concerns among investors. With General Motors and Ford stocks declining, the market braces for potential economic fallout.
Stock markets tumble as auto tariffs loom, risking higher vehicle prices for consumers and potential supply chain disruptions. Could this move reshape the U.S. auto industry forever?
