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Trump's tariff plan is set to hit the stock prices of US auto and tech giants
On February 3rd, after US President Trump ordered sweeping tariffs on Mexico and Canada, automakers and big tech stocks bore the brunt on Monday, raising concerns that a global trade war could affect economic growth. Investors flocked to the dollar and US Treasury bonds. Among automakers, General Motors shares fell 6.4% in premarket trading, Ford fell 3.8% and Tesla fell 2.9%. Big tech stocks fell, with Microsoft down 1.5% in premarket trading, Apple down 1.9% and Amazon down 2.3%. Russell futur...
2025-02-03 10:48:11
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