US autos, homebuilders, materials take hits as Trump trade war kicks off
- Posted on March 4, 2025
- By Business News Today
- 1 Views
US autos, homebuilders, materials take hits as Trump trade war kicks off
U.S. shares have fallen due to Trump's recent 25% tariffs on imports from Canada and Mexico, impacting various sectors like automakers, homebuilders, and aerospace suppliers. The tariffs also extend to steel and aluminum imports, increasing industry costs, with retaliatory measures expected from affected countries.
