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Stocks shift into reverse with Trump set to announce new auto tariffs

CBS News
Summary
Nutrition label

73% Informative

The S&P 500 dropped 64 points, the Dow Jones Industrial Average fell 0.3% and the Nasdaq down 2% .

Shares of automakers also slid, with General Motors sinking 3.2% and Stellantis , the parent company of Chrysler , Dodge , Jeep and Ram, dropping 3.5% .

The U.S. is scheduled to announce a raft of tariffs on April 2 , including 25% duties on imports from Mexico and Canada .

VR Score

84

Informative language

91

Neutral language

22

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links

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