Wall Street traded mostly with losses in the premarket on Thursday after United States President Donald Trump unveiled a 25% tariff on car imports, which will come into force on April 2. The announcement followed reports that he would not target specific industries, adding to overall market uncertainty. Trump also warned Canada and the European Union could face "far larger" tariffs if they work together to "do economic harm" to the US.
The Dow Jones was flat at 4:27 am ET, the Nasdaq 100 lost 0.25% and the S&P 500 dropped 0.14%.
The euro traded 0.11% higher compared to the dollar, selling for 1.07644 at 4:28 am ET.
