BUZZ-Automakers fall after Trump confirms auto tariffs

Reuters04-03
BUZZ-Automakers fall after Trump confirms auto tariffs

** Shares of some automakers fall in extended trading after U.S. President Donald Trump's tariff announcements

** General Motors GM.N down 2%, Ford Motor F.N marginally down 0.40%

** Trump administration confirms 25% tariffs on global cars and trucks starting Thursday, on auto parts starting May 3

** Auto tariffs to cover nearly $600 billion in imports

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment