Wall Street pares losses after Trump decides to delay auto tariffs

Credit: Reuters India- Published on May 15, 2019
U.S. stocks pared losses on Wednesday after U.S. President Donald Trump decided to delay tariffs on auto imports by up to six months.

Credit: Wochit News
Published on May 15, 2019 -  00:33
Trump To Delay Auto Tariffs
According to multiple news sources cited on Wednesday, the Trump administration plans to delay auto tariffs by up to six months. The reports sent shares of Ford, General Motors, Tesla, and Daimler higher on Wednesday. Business Insider reports that this news comes at a tense moment for US-China relations as the trade war between the two world powers escalated this week.

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