Autos top Asian Market losses following Trump’s New Tariff Barrage
Automakers were pounded Thursday, and stock markets sank on both sides of the Atlantic, as US President Donald Trump slapped punitive tariffs on imported automobiles and parts, as he pursues hardball trade tactics that many worry may ignite a recession. On Wall Street, the Dow, the tech-heavy Nasdaq, and the broader-based S&P 500 were all…