Wall Street faced ups and downs on Thursday due to President Trump's new tariffs on imported cars. The market reacted negatively to the news, with sharp losses for some auto stocks. Many companies could be impacted, which may slow down spending in the economy.
- Dow Jones fell by 155 points (0.4%)
- S&P 500 dipped by 0.3%
- General Motors down 7.4%
- Ford dropped 3.9%
- Rivian rose 7.6%
- Tesla gained 0.4%
| Event | Prediction |
|---|---|
| Tariffs Implementation | April 2 |
| Possible Trump Action | More targeted tariffs |
