April 28, 2025

automobiles

Investors

Auto Stocks Tumble After Trump’s Tariffs Announcement

Shares in automakers around the world wobbled on Thursday after President Trump announced plans to impose a 25 percent tariff on imported cars and some parts beginning next week. The stocks of major Detroit carmakers, which build some of their vehicles in Canada and Mexico, were rattled on Wall Street. Shares in General Motors, which

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