Global financial markets decline sharply following President Trump's announcement of extensive new tariffs, raising fears of a trade war and economic recession.
Tesla faces cost increases due to proposed auto tariffs, but remains less affected than competitors like GM and Ford, ensuring its financial sustainability.
Japan's auto industry braces for significant economic impact as President Trump's proposed 25% import tariffs raise concerns over job losses and retaliatory measures.
Hyundai reveals a $21 billion investment in U.S. manufacturing, including a $5.8 billion steel plant in Louisiana, promising thousands of jobs amid looming tariffs.
European Union postpones imposing tariffs on American whiskey and other goods, seeking time for discussions amid escalating trade tensions with the U.S.
Trump threatens a 200% tariff on European wine and spirits in response to the EU's 50% tariff on American whiskey, escalating the ongoing trade dispute.