Weekly market wrap: Trump call for tariffs causes bump in the road for US automaker
The threat to put tariffs on all imports from Mexico and Canada sent GM shares lower and stoked fears such a move could impact profit margins.
Trump Tariff Fears Hit Auto Stocks
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,
Trump says he’ll protect US-made cars through steep tariffs, but there is no such thing as an all-American car
On Monday, Trump announced plans to impose a 25% tariff on all goods coming from Mexico or Canada on his first day in office.
Trump's tariffs could cost carmakers up to 17% of combined core profits, S&P says
Analysts and experts fear the tariffs could be more damaging for European car makers and their suppliers than any direct tariffs on EU goods.
Trump's tariffs could make your next car more expensive
Donald Trump's proposed tariffs could raise car prices, impacting US and European automakers such as General Motors, Volvo, and Jaguar Land Rover.
Trump’s Tariffs Could Cut 17% From Automaker Profits
Both European and American companies are expected to lose out if President-elect Trump imposes duties on imported vehicles
Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report
Carmakers in the U.S. and Europe could lose up to 17 percent of their combined annual core profits in a worst-case scenario if the U.S. imposes steep tariffs on Europe and the key U.S. allies of Mexico and Canada,
Stocks Resume Post-Election Rise
Despite a furor set off by President-elect Donald J. Trump’s latest pronouncements about tariffs and immigration, the stock ...
These Vanguard ETFs Could Be Smart Picks If Trump Gets His Way on Tariffs
The Vanguard Financials ETF ( VFH 1.25%) owns 404 U.S.-based financial services stocks. Its top holdings include JPMorgan ...
Trump is directing the trade war even before he takes office. Surprise tariffs were just the start.
Trump's early tariff announcements on Mexico, Canada, and China are just the "opening move," one trade-focused lawyer wrote.
Will the Markets Check Trump’s Power?
The president-elect cares about financial markets, our columnist says. That gives investors a restraint on his decisions, ...
Dollar up, Europe stocks come under fire as Trump vows tariffs
The dollar rallied on Tuesday while European shares fell after U.S. President-elect Donald Trump pledged tariffs on all ...
Stock market today: Global shares mostly fall on worries about Trump's tariffs
Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose ...
Stocks, dollar, bond yields fall; economic data, Trump tariffs in focus
MSCI's global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the ...
European stocks trip on Trump tariff hurdle
European stocks fell across the board, led by automakers, as Donald Trump's tariff threat on the United States' largest ...
Mexico's president says Trump tariffs will worsen inflation
President of Mexico Claudia Sheinbaum says Trump's threat of 25% tariffs would cause inflation for both countries.