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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,
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 trading partners prompted worries about another global trade war.
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.
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.
Trump's proposed tariffs on Canada would drive up pump prices, analysts warn
U.S. President-elect Donald Trump's pledge to impose tariffs on Canada would drive up fuel prices for Americans as it would upend decades-old oil trade from its top crude supplier, analysts said on Wednesday.
1d
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 ...
4d
on MSN
Dollar climbs, stocks retreat after Trump vows tariffs
The dollar rallied sharply on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from Canada and ...
6d
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 ...
1d
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, ...
3d
on MSN
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.
3d
on MSN
Stocks, dollar, bond yields fall: 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 ...
3d
Stocks pause, currencies mixed on Trump tariff concerns
Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs under incoming ...
2d
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 ...
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