Markets plunge on Trump’s tariff plan, what the levies mean for autos and semiconductors

Asking for a Trend anchor Josh Lipton breaks down the market trends for April 3, 2025, as markets plunged due to Trump’s tariff plan. The auto sector is hit hard by 25% tariffs on all imports plus 10% reciprocal tariffs, which could increase the price of cars. Other stories include Nasdaq and S&P seeing their biggest one-day losses since 2020 and how semiconductors may not be exempt from tariff pain. Watch more episodes of Asking for a Trend here: https://finance.yahoo.com/videos/series/asking-for-a-trend/ #youtube #stocks #trump About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market…