Veteran investor weighs in on impact of tariff trade war on stocks
This prominent contributor to TheStreet Pro gets down to the nitty-gritty on the Trump auto tariffs.
President Donald Trump's most standard tariff announcement is revving up some high-octane controversy.
The opinion entails a 25% levy on all imported vehicles to initiating up on April 3, whereas a the same obligation on the auto-parts-offer chain will be imposed the next month. The lengthen will give firms working within the USMCA exchange pact time to evaluate U.S. made parts.
The White Home expects the tariff effort to rob $100 billion in earnings yearly.
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