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Stock markets and automakers stumble ahead of Trump's 'Liberation Day' tariff moves

  • European and Asian markets fell on Monday ahead of President Donald Trump's tariffs taking effect.
  • The levies include a 25% charge on all imported vehicles and key car components.
  • Shares in major carmakers declined with Toyota sliding 6.8% in Tokyo.
  • Global automakers are expected to revise down their expectations due to potential impacts of the tariffs.

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