Global stocks paused on Wednesday and currencies were mixed as investors worried over the next potential target for U.S. tariffs under President-elect Donald Trump, a day after he pledged new levies on Canada,

General Motors, Ford and Stellantis shares slid Tuesday after President-elect Trump threatened 25% tariffs on all imports from Canada and Mexico. The move by the new administration would likely stop American car demand in its tracks,

European indexes were falling on Tuesday as investors worried that Donald Trump's pledge to slap tariffs on Canada, Mexico, and China could be a sign of things to come. The flagship Stoxx 600 index dropped 0.

Global stocks paused and the dollar slipped on Wednesday as concerns over the potential impact of U.S. tariffs when Donald Trump returns to the White House prompted traders to take some profits off the table before the month ends.

Stellantis NV (NYSE:STLA) stock was down 5.4% at $12.64 at last glance, and earlier hit a fresh two-year low of $11.37. The shares have basically been in freefall since their March 25 record high of $29.51, and are now down 45.7% since the start of the year.

The loonie and peso remained weak following sharp drops to multi-year lows on Tuesday, while the yuan edged back towards the previous session's four-month trough.

U.S. stock index futures were flat on Tuesday, as investors paused following several sessions of gains and weighed the implications Donald Trump's tariffs on top trade partners could have on the local economy.

European markets closed lower on Tuesday while Wall Street bounced as investors digested incoming US president Donald Trump's warning that he would impose huge new tariffs on China, Mexico and

Choppy trading hit stock markets on Tuesday as investors digested Donald Trump's warning that he would impose huge new tariffs on China, Mexico and Canada when he takes over as US president in January.