Reported about 17 hours ago
President Trump announced a potential delay in auto tariffs, bringing temporary market relief as he moves forward with investigations into imposing tariffs on semiconductors and pharmaceuticals. While discussions with the EU show little progress, Trump emphasized that new tariffs on electronics are imminent, causing investors to speculate on which products might receive temporary exemptions. The situation has intensified tensions in ongoing trade relations, particularly with China, as tariffs on imports have surged.
Source: YAHOO