Trump Tariffs Are Hitting These Stock Hardest. Why Ford, GM, Others Are Suffering.
Markets were reeling Monday as the developing trade war between the U.S. and Mexico, Canada, and China looked set to escalate.
Trump's tariffs send stock market falling
The stock market fell on Monday after President Donald Trump slapped tariffs on Canada, Mexico and China, eliciting threats of retaliation and setting the stage for a trade war. The Dow Jones Industrial Average slid about 550 points, or 1.25%, in early trading on Monday. The S &P 500 dropped 1.5%, and the tech-heavy Nasdaq plummeted 2%.
Wall Street drops as Trump’s tariffs hit markets worldwide; Dow down 550 points
Worries about President Donald Trump’s tariffs are hurting U.S. stocks. The S&P 500 sank 1.7% in early Monday trading following similar losses for markets across Asia and Europe. The Dow Jones Industrial Average fell 557 points,
Ford shares take a hit as Donald Trump’s tariff war disrupts US auto industry
Ford shares dropped over 4% following US President Donald Trump’s new tariffs on Mexico, Canada and China, raising concerns about supply chain disruptions and higher costs for automakers.
Trump Tariffs Rattle Markets, Media Stocks Dragged Lower
President Trump’s imposition of new U.S. tariffs on imports from China, Mexico and Canada drove down stocks across the board Monday, with shares of media companies falling as investors grappled with America’s new trade wars.
Is Apple Stock a Buy Despite China Troubles and Trump’s Tariffs?
As he threatened during his election campaign, President Donald Trump has imposed tariffs on imports from Canada, Mexico, and China. The move will impact several U.S. companies, including General Motors (GM),
Japan Auto Stocks Skid After Trump Hits Mexico, Canada, China With Tariffs
Japanese auto stocks fell sharply after new U.S. tariffs against Mexico, Canada and China raised concerns about their U.S. sales of cars made in the North American trading partners and a further escalation in trade conflicts.
US Stock Futures Drop as Trump Implements Tariffs
KEY TAKEAWAYS U.S. stock futures are tanking after the Trump administration imposed tariffs on goods from Mexico, Canada, and China that are due to take effect Tuesday.Shares of automakers, which assemble vehicles in Canada and Mexico and import parts from China,
European Auto Stocks Tumble After Trump Imposes Tariffs
European auto stocks fell after U.S. President Donald Trump moved to place tariffs on hundreds of billions of dollars in imports from Canada, Mexico and China. Shares in Jeep maker Stellantis fell 6.2%.
Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount
For Elon Musk fans, it’s the half-trillion dollar bet. The stock market value of Tesla has surged by that much since Donald ...
Auto stocks slide after Trump fires first salvo in trade battle
Share prices for car makers including Toyota, Nissan, Honda and Volkswagen fell after Donald Trump announced tariffs on ...
Trade War Fears Roil Shares of US Auto Majors, Big Tech After Trump Tariffs
Among carmakers, shares of General Motors slid 6.4%, Ford dropped 3.8% and Tesla shed 2.9% in premarket trading. U.S.-listed ...
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Dollar soars and stock markets fall sharply after Trump’s tariff war begins
The US dollar is approaching parity with the euro and reaching a record high against the Canadian dollar and a three-year ...
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
For months, automakers have been taking a “wait-and-see” approach to the Trump administration’s potential tariffs.
Trump says EU tariffs will happen and UK is 'out of line' but deal 'can be worked out'
Donald Trump accused the Mexican government of having an "intolerable alliance" with drug cartels as he announced his tariffs ...
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GM’s Factory Zero not impacted by Trump’s executive orders, despite claims
GM’s Factory Zero did not shut down because of any executive orders signed by Donald Trump, according to a GM spokesperson.
Investors are betting Musk and Tesla will make a fortune under Trump
Investors are wagering that Trump will help Musk’s company more than hurt it with his plans to take an axe to reams of ...
General Motors workers to receive record profit-sharing checks as EV production uncertain under Trump
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.