$USDC What will happen after US President Trump imposes tariffs
Following US President Donald Trump's imposition of new 25% tariffs on imports, particularly cars and auto parts, effective April 2, 2025, financial markets, particularly the stock market and cryptocurrency, witnessed significant reactions. Here are the most notable developments:
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### **1. Effects on the Stock Market**
- **Automotive Stocks Decline**: Shares of companies such as **General Motors** fell by about 5% and **Ford Motor** by more than 2%, due to concerns about rising production costs and a potential supply shortage. Experts also warned that the cost of manufacturing cars in North America could increase by $6,000 per vehicle.
