Trump grants one-month exemption for American automakers from Mexico and Canada tariffs, stock market surges
Thursday, 6 March 2025 President Donald Trump announces a one-month exemption on new tariffs for imports from Mexico and Canada, easing concerns of American automakers. This follows discussions with executives from major car manufacturers and aims to prevent domestic manufacturing disruptions while positive market reactions are noted with stock indices rising.
📉 The stock market is in turmoil as Trump’s shifting tariff policies and disappointing earnings reports from major companies like Marvell (MRVL) and Macy’s (M) send Dow, S&P 500, and Nasdaq into a tailspin. Tech stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD), are...
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The White House has said that US President Donald Trump is granting a one-month exemption to three major automakers from the newly imposed 25-per cent tariffs on... Zee News