Trump to Announce Auto Tariffs Amid Evolving Trade Policy

The White House confirms President Trump's plan to unveil new auto import tariffs today, escalating trade tensions ahead of broader reciprocal tariffs set for April 2.

President Trump is scheduled to announce auto import tariffs today, adding to trade uncertainty as April 2's reciprocal tariff rollout nears.
The administration has hinted at a more lenient approach, with potential exemptions for some countries, though specifics remain unclear.
Market volatility persists as investors react to mixed signals from the White House, with indices fluctuating in response to tariff-related developments.
Consumer confidence in the U.S. has dropped to a four-year low, reflecting fears over the economic impact of tariffs and broader uncertainty.
Economists warn the tariffs could disrupt global trade, increase inflation, and strain relationships with key U.S. trading partners.