Wall Street turns higher as Trump likely to delay auto tariffs

Credit: Reuters India- Published 1 week ago
U.S. stocks reversed course to trade higher on Wednesday after a report that President Donald Trump may delay a decision to impose auto tariffs, offering respite to markets worried about slowing global growth after a batch of weak economic data.

Credit: Wochit News
Published 1 week ago -  00:42
Trump Administration Plans To Delay Auto Tariffs Targeting Europe
According to Reuters, the Trump administration is expected to delay imposing auto tariffs on Europe. Officials with the administration said the delay could last up to six months to avoid another international dispute over trade. The Trump administration has drafted a document to formally delay the tariffs on imported cars, which would have begun on May 18th.

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