Targeted tariff plan
Reports said Trump's April 2 tariff plan would not apply to every country and would instead focus on economies described as trade abusers.
Mar 22, 2025 · QQQ/SPY Market Review · 6 headlines
U.S. markets were closed Saturday. Reports said the April 2 tariff plan would be targeted rather than comprehensive, Model Y sales in Europe had fallen 53%, and the Federal Reserve recorded a second consecutive annual loss. Tesla also faced ethics criticism over Trump administration promotion, while Elon Musk warned Pentagon employees suspected of leaking material about an alleged China war briefing.
Published
Reports said Trump's April 2 tariff plan would not apply to every country and would instead focus on economies described as trade abusers.
Trump administration promotion of Tesla drew ethics criticism. A separate report said Model Y sales in Europe had fallen 53%, alongside bearish views from Morgan and UBS.
Elon Musk warned Pentagon employees suspected of leaking sensitive material about an alleged China war briefing. A separate audit report showed the Federal Reserve recorded a large loss for a second consecutive year.
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