Veteran fund manager sounds alarm on corporate-profits outlook
Here’s what could happen to the market.
The markets are on edge again following President Donald Trump's announcement of a 25% tariff on all vehicles and auto parts imported into the U.S., effective April 3.
The White House expects the move to generate about $100 billion of revenue, but investors are skeptical. The stock indexes declined and a number of automakers' share prices were lower.
