Wall Street slides after the latest tariffs of Trump, despite firm economic data

New York (AP) – Wall Street, on Thursday after being pulled in opposite destinations President Donald Trumps last tariff sketch take advantage Winners and losers between automatic stocks.

The S & P shifted 0.3% after slipping between 500 and slipped between small earnings and losses several times during the day. Is better than unexpectedly Information about economy Also helped support the market. Dow Jones Industrial Average 155 points or 0.4%, Nasdaq decreased by 0.5%.

General Motors sank 7.4% for one of the more sharply losses in the market after the trading cars are declared 25% tariffs in Trump. Ford Motor decreased by 3.9%.

Even US cars Vehicles in the country can feel the pain of such tariffs because their supply chains are spread in North America. Trump says he wants to produce more in the United States.

“There are still many unknowns, but if it stays here, there will be a little pain to digest the companies.”

Among the uncertainty, the US government will determine how the tariffs will be applied to parts in accordance with the free trade agreement in the United States and Mexico and Canada, but are not completely within the United States. According to the spak, tracking parts can be difficult.

Cars located outside the United States were also sank. In Seoul, Hyundai Motor decreased by 4.3%. Honda Motor in Tokyo lost 2.5%, Toyota Motor 2%.

But the United States is the rivian of electric vehicles and Tesla He had a better. They face less pressure than Trump tariffs, because more of their production occurs in the United States.

Rivian made 7.6% rally and Elon Musk’s Tesla Earlier, 0.4% was added after a greater gain.

Companies that can benefit from drivers to buy new cars have also become higher. Autoozon won 4% among car parts retailers, and O’Reilly cars reached 3.1%. Carmax selling autos used, increased by 2.5%.

Expectations for the world stock markets in the world are high to be killed as the recent date approaches for the April 2 tariffs. When the United States has removed the tariffs adapted to trade partners, Trump is called “Freedom Day”. In any case, he said that the “mutual” tariff will suit the loads of other countries in the United States, the load of things such as additional taxes.

Hopes are still high that Trump can use less painful or more sensitive or more sensitive or soft tariffs for the global economy. But if it does, all the conversations about the tariffs have already done us consumers And enterprises feel more careful and pessimistic. If such a sour mood persuades them to retreat the costs of them, it can damage the economy.