
Stocks shift into reverse as Trump rolls out new auto tariffs
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
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Alain Sherter is a senior managing editor with CBS News. Based in New York City, he leads a team of reporters and editors with CBS MoneyWatch, which covers issues including business, financial and economic news. Previously, he covered the technology, health care and other industries as a news reporter and editor for media companies including Thomson Financial, Dow Jones and The Deal.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
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