Brief by Shorts91 Newsdesk / 05:11pm on 06 Mar 2025,Thursday Business
U.S. stocks tumbled Thursday as Trump’s tariffs on Mexico, Canada, and China rattled markets. The Dow Jones fell 150 points (0.35%), S&P 500 lost 0.7%, and Nasdaq dropped 0.9%. Ford, GM, and Stellantis saw declines of 1.5%, 3%, and 2%, respectively, while Tesla plunged 4.5%. Despite Trump’s one-month reprieve for U.S. automakers, concerns over supply chains and broader tariffs persist. The American Automotive Policy Council praised the exemption, but uncertainty looms. The tariffs—25% on Mexico and Canada, 10% on China—continue to impact industries and stock performance.
