Reported about 11 hours ago
U.S. stock futures are experiencing a significant downturn following President Trump's announcement of tariffs on goods from Mexico, Canada, and China, set to take effect on Tuesday. Automaker shares, particularly those relying on supply chains in these countries, have seen sharp declines, with major manufacturers like GM, Stellantis, and Ford dropping between 4% to 7%. Financial experts predict that these tariffs will continue to create market volatility in the coming weeks as the impact of U.S. trade policies unfolds.
Source: YAHOO