The main events by the morning: March 27

• Trump is imposing 25% duties on all cars assembled outside the United States. These tariffs will be effective from April 2. The White House administration expects that they will be able to generate up to $100 billion in revenue annually. This news had a negative impact on the shares of American automakers: Ford and GM's quotes fell by 5%. Trump also suggested that companies consider the possibility of moving production to the United States.

• The lifting of sanctions against Russia will not stop the process of import substitution in the aviation industry. Rostec CEO Sergey Chemezov noted that the development of Russian SSJ New and MC-21 aircraft will continue, even if international restrictions on aircraft supplies are lifted.

• The head of the US Treasury Department commented on the possibility of reconnecting Russian banks to SWIFT, saying that «everything is under discussion.» In an interview with Fox News, he stressed that, depending on the course of negotiations on Ukraine, the United States could both ease and tighten sanctions against Russia. At the same time, he noted that most of the participants in the SWIFT system are European, but the United States has tools to influence them.

• The first foreign company announced its readiness to return to Russia. The Italian company Ariston Holding has announced that it has again acquired its Russian division. This happened after President Putin annulled the decision taken last year to withdraw it. Ariston is a manufacturer of water heaters and heating equipment.

• The EU has ruled out easing sanctions against Russia before their expiration date. On Tuesday, the United States reached separate agreements with Ukraine and Russia to suspend their attacks at sea and against energy facilities, while Washington agreed to seek the lifting of some sanctions against Moscow. The EU stated that they intend to only increase the sanctions pressure on Russia.