tariffs, auto shares
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Trump said on Wednesday that a 25% tariff on imported vehicles will take effect on April 3.
From Reuters
The tariffs on cars and auto parts that President Trump announced on Wednesday will have far-reaching effects on automakers in the United States and abroad.
From The New York Times
“It’s going to be disruptive and expensive for American consumers for several years,” said Michael Cusumano, professor of management at the MIT Sloan School of Management.
From The New York Times
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Shawn Fain, president of the United Auto Workers, says the new tariffs will boost U.S. manufacturing and grow the American workforce. He credited the Trump administration “for stepping up to end
USD: Surprisingly little reaction to auto tariffs. The FX market has seen surprisingly little reaction to yesterday's announcement of a 25% tariff on US auto imports. Countries in
Asian and European stock markets extended losses on Friday while safe-haven gold notched another record high, as the latest tariff salvo from U.S. President Donald Trump stoked worries of an all-out trade war.
WTI declines as markets evaluate the impact of US President Donald Trump's auto tariffs.
Head of macroeconomic strategy outlines implications for advisors as Trump targets Canada's second largest export
NZD/USD climbedon Thursday as dollar attracted sellers after U.S. auto tariffs intensified global trade tensions ahead of the April 2 reciprocal tariff deadline. On Wednesday, U.S. President Donald Trump announced
In short, FX markets are calling Trump’s bluff—for now. But don’t mistake the calm for complacency. The real repricing comes if these tariffs stick longer or cut deeper than expected. Until then, the playbook seems to be: price it in, fade the noise, and stay nimble.
1d
Yonhap News Agency on MSNGlobal trade protectionism to push up inflation, volatility in FX markets: think tankThe recent expansion of trade protectionism will put pressure on the global economy, leading to inflation and higher volatility in currency exchange rates, a South Korean state-run economic think tank said Friday.
Traders who’d bet on sharp swings in the $7.5 trillion-a-day foreign-exchange market surrounding Donald Trump’s last two tariff deadlines are taking a new approach as the president vows an April 2 trade reckoning.