This would go as reset of what world order of trade used to be for decades . Lots of casualties for smaller countries and export dependent nations . For US, it would be a turning point in longer term

Trump Administration Confirms 25% Car Tariffs Start Thursday, Auto Parts on May 3

- U.S. President Donald Trump's administration on Wednesday confirmed that his 25% global car and truck tariffs will take effect as scheduled on Thursday and that duties on automotive parts imports will be launched on May 3.In a Federal Register notice adding details to Trump's autos tariff proclamation issued last week, the White House directed the Commerce Department to establish a process within 90 days for adding more parts to the list, including at the request of domestic producers.The 25%
Trump Administration Confirms 25% Car Tariffs Start Thursday, Auto Parts on May 3

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet