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% 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% 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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