Trump’s added 25% tariff announcement earlier:
- Trump slaps a 25% tariff on all cars not made in the USA
- The USD has risen after Trump’s announcement of 25% tariff on all autos not made in USA
- Recap of Trump’s 25% auto tariff on foreign-made cars starting April 2nd
Tokyo Exchange transport index down more than 2.5%.
- Mazda down 5%
- Nissan down 2.5%
- Hino down 2%
- Mitsubishi down 4%
Over in South Korea, Hyundai shares down 3%
German automaker association says Trump’s new tariffs are a fatal signal for free trade.
This article was written by Eamonn Sheridan at www.forexlive.com.
