🚨TARIFF TANTRUM GRIPS WALL STREET

S&P -0.36% | Nasdaq -0.56% | Dow -0.32% | GM -7%, TSLA +2%

💣 TARIFF TREMORS SHAKE THE STREET

Trump doubled down on tariffs Thursday—and Wall Street felt the aftershocks.

📉 The S&P 500 slid 0.36%, its third red session in a row.
📉 The Nasdaq dropped 0.56% as chip stocks dragged tech lower.
📉 The Dow shed 0.32%, and automakers took a direct hit.

This isn’t just jawboning anymore. It’s policy. And markets are realizing: Trade war 2.0 is here.

🔥 HERE’S WHAT HAPPENED:

🚗 AUTO TARIFS LOCKED & LOADED
Trump signed an executive order placing 25% tariffs on ALL foreign-made vehicles, starting April 2—the same day reciprocal duties hit.

But he wasn’t done. On Thursday, Trump threatened “far larger” tariffs on Canada and the EU if they “collude” on economic retaliation.
👉 This is no longer just posturing. This is escalation.

📉 Big 3 Bleed Out

• GM ($GM): -7% 🔻

• Ford ($F): -1%

• Stellantis ($STLA): -1.5%

• Tesla ($TSLA): +2% ⬆️ (Yes, really)

Why the pop? Tesla’s EVs are built in the U.S., giving it a short-term edge. But even Musk warned: “We won’t go unscathed.