Investors are feeling anxious amidst ongoing market turbulence and potential trade wars triggered by Trump’s tariffs. Despite the uncertainty, it is advised to stay invested for long-term gains, as history shows that equities tend to outperform cash over time. Rather than trying to time the market, investors should focus on consistency and pound cost averaging when investing, and consider utilizing a stocks and shares ISA before the end of the tax year.
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After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
Volkswagen plans to add an import fee to the price of imported cars in the US in response to President Trump's 25% tariffs on car imports, with exact fees to be determined by mid-April. The company also plans to cut back on sales incentives, halt rail shipments from Mexico, and hold cars subject to tariffs in port. Other automakers, like Stellantis, are also adjusting production in response to the tariffs, with plants in Canada and...
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