Stock futures were little changed Thursday morning as investors weighed the latest tariff-related news from President Donald Trump, including his new tariffs aimed at foreign automakers. Futures tied to the Dow Jones Industrial Average rose 8 points, hovering just above flat. S&P 500 futures shed nearly 0.2%, while Nasdaq-100 futures dropped about 0.3%. Trump has long discussed imposing duties on countries that have their own tariffs on U.S. imports and said on Wednesday that his retaliatory tariffs will be permanent for his entire second term. On Wednesday evening, he announced 25% tariffs on “all cars that are not made in the United States” that will go into effect on April 2. Shares of General Motors pulled back 6.5% in premarket trading following Trump’s remarks, while Stellantis shed 1.8% and Ford slipped about 0.5%. Still, hints provided by the President this week about the upcoming April 2 levies has given investors some relief. He said Wednesday the tariffs would be “very lenient” and that he would be willing to reduce tariffs on China to help further a deal with ByteDance’s TikTok. At the same time, using tariffs as a negotiating tactic, he threatened on Thursday to impose “far larger” tariffs on the European Union and Canada if they work together to combat trade tariffs. Trump’s announcements come as investors are already anxious about how his retaliatory tariffs will affect the broader U.S. economy, which is already showing some signs of weakness. Consumer confidence, for example, reached a 12-year low in March, according to a Conference Board report, in the latest indication of broader pessimism toward the economy. The board’s measure follows a similarly weak reading of the University of Michigan Survey of Consumers for March. Stocks took a leg lower in the previous session and and reached their intraday lows following news from the White House of the impending auto tariffs. ″[Wednesday] was a reminder that despite the recent rebound in stocks, volatility remains as policy uncertainty lingers,” said Daniel Skelly, Head of Morgan Stanley’s Wealth Management market research and strategy team. “Moreover, next week’s tariff deadline will likely be more of a starting point for negotiations than a conclusion, so the market may struggle to recover in a straight line higher.” The major indexes are clinging to marginal gains this week. The S&P 500 has ticked up roughly 1% alongside the Nasdaq Composite. The 30-stock Dow Jones Industrial Average has gained 1.1% so far this week. Investors await fresh jobless claims data on Thursday and the March reading of the personal consumption expenditures price index due Friday. The PCE is the Federal Reserve’s preferred gauge of inflation. U.S. Treasury yields ticked higher on Thursday as investors weighed fresh tariffs on foreign automakers and assessed the broader state of the U.S. economy. The benchmark 10-year Treasury note yield rose more than three basis points to 4.371%. The 2-year Treasury yield was up by less than one basis points at 4.012%. Asia-Pacific markets traded mixed Thursday, tracking losses on Wall Street as investors weighed U.S. President Donald Trump’s 25% tariffs on auto imports. Japan’s benchmark Nikkei 225 ended the day 0.6% lower at 37,799.97, while the broader Topix index was flat at 2,815.47. Over in South Korea, the Kospi index fell 1.39% to 2,607.15 while the small-cap Kosdaq declined 1.25% to 707.49. Mainland China’s CSI 300 ended the day 0.33% higher at 3,932.42 while Hong Kong’s Hang Seng Index closed up 0.41% at 23,578.80. India’s benchmark Nifty 50 was trading 0.52% higher while the broader BSE Sensex rose 0.49% as at 1.50 p.m. local time. Australia’s S&P/ASX 200 ended the day 0.38% lower at 7,969. Oil prices were steady on Thursday as markets assessed new U.S. tariffs, while concerns about global supply kept prices near one-month highs. Brent crude futures fell 23 cents, or 0.3%, to $73.56 a barrel. U.S. West Texas Intermediate crude futures dropped 21 cents, or 0.3%, to $69.44. On Wednesday, oil prices rose by around 1% to their highest since February. PVM analyst Tamas Varga said oil had ignored falling equity markets on Wednesday and had firmed on the back of U.S. tariffs against Venezuela and lower U.S. crude and fuel inventories. Gold prices hit their highest in nearly a week on Thursday after U.S. President Donald Trump announced new tariffs on auto imports starting next week, escalating global trade tensions that have been driving safe-haven demand for gold. Spot gold was up 0.6% at $3,035.98 an ounce as of 0940 GMT, having hit its highest since March 21 earlier in the session. U.S. gold futures gained 0.8% to $3,045. Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15% this year and hit an all-time peak of $3,057.21 on March 20.