Reported 2 days ago
President Trump has announced a 25% tariff on all foreign-made vehicles effective April 2, 2025, as part of his ongoing trade war. Amid rising tensions, he threatens additional tariffs on Russian oil if the situation in Ukraine worsens. The EU has prepared retaliatory measures against US steel and aluminum tariffs, while discussions with Canada and Mexico continue regarding trade agreements. The overall market remains anxious as these trade policies unfold.
Source: YAHOO