Stock market today: Asian shares sag after Trump raises tariffs on auto imports
Shares sagged Thursday in Asia, apart from China, after U.S. President Donald Trump announced he will slap 25 per cent tariffs on imported cars.
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Shares sagged Thursday in Asia, apart from China, after U.S. President Donald Trump announced he will slap 25 per cent tariffs on imported cars.
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Automaker stocks slumped after Trump said that he would impose 25 per cent tariffs on all vehicles and foreign-made auto parts imported into the United States.
U.S. President Donald Trump’s actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M said.
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