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Sarah Bianchi, Evercore ISI public policy chief strategist, joins 'Squawk Box' to discuss President Trump's new auto tariffs, what to expect from the rest of Trump's tariff agenda, impact of policy uncertainty, how the world is responding to President Trump, and more.
Sevasti Balafas, CEO of GoalVest Advisory, discussed auto tariffs, recession risks, and market sentiment. She emphasized diversification and recommended Progressive Insurance as a defensive stock.
Tesla TSLA-5.58% stock was falling in early trading on Thursday—which looks set to be a bad day for the autos sector.
Crude oil prices edge higher as U.S. auto tariffs and falling inventories tighten supply. Market eyes key resistance levels for WTI and Brent crude.
Worries about throttled global trade and a hit to auto industry profits sent shares of car makers tumbling and drove markets broadly weaker on Thursday after President Donald Trump put a wall of tariffs around the U.S. auto sector.
US President Donald Trump signed a proclamation to implement a 25% tariff on auto imports. The proclamation specified automobile tariffs would be collected starting at 12:01 a.m.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
US President Trump has signed an order imposing 25% tariff on auto imports, setting the stage for an even broader push on levies next week. But he's also teased lowering tariffs on China if Beijing signs off on a deal that would keep TikTok from being banned in the US.
The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.