Auto stocks slide after Trump fires first salvo in trade battle

3 days ago · Auto stocks tumbled on Monday as President Donald Trump's tariff barrage unsettled global markets. Toyota and Nissan both closed about 5% lower and Honda stock fell …

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Auto Stocks Slide After Trump Fires First Salvo In Trade Battle

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3 days ago · Auto stocks tumbled on Monday as President Donald Trump's tariff barrage unsettled global markets. Toyota and Nissan both closed about 5% lower and Honda stock fell …

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Why GM, Ford Stocks Are Falling After Trump's Tariff Plan For …

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Nov 26, 2024 · Junk noted that during Trump's presidency, had threatened tariffs, starting first at 5% then rising to 25% in May 2019, but that threat lasted only a week after Mexico made …

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European Auto Stocks Slide As Investors Consider Trump

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Nov 26, 2024 · Late Tuesday morning, shares in Germany's Volkswagen Group fell 2.26% to €80,40, while Stellantis' stock dropped 4.54% to €12,24, as investors weighed how Trump's …

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Automakers Slide After Trump Threatens 25% Tariff On Mexico

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Nov 26, 2024 · Ford (F) shares are down 2% in early Tuesday trading, while those of General Motors (GM) are down 4% after U.S. President-elect Donald Trump said in posts on Truth …

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Trump Fires Opening Salvo In Trade War - FXStreet

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3 days ago · Trump fires opening salvo in trade war ANALYSIS | 02/02/2025 21:07:40 GMT President Donald Trump has officially launched his tariff war, levying 25% levies on Canada …

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Auto Stocks Slide After Trump Fires First Salvo In Trade Battle

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3 days ago · Toyota and Nissan both closed about 5% lower and Honda stock fell 7.2% after Trump announced 25% tariffs on goods from Canada and Mexico and a 10% levy on Chinese …

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How did Trump's tariff barrage affect auto stocks?

Auto stocks tumbled on Monday as President Donald Trump's tariff barrage unsettled global markets. Toyota and Nissan both closed about 5% lower and Honda stock fell 7.2% after Trump announced 25% tariffs on goods from Canada and Mexico and a 10% levy on Chinese imports on Saturday. ...

Why did global auto stocks fall on Monday?

Global auto stocks fell on Monday as the world reacted to President Donald Trump's tariff barrage. Share prices of Japanese and European automakers dipped after he announced tariffs on Canada, China, and Mexico. The levies could cost carmakers importing from those countries an extra $33 billion, per Nomura estimates. ...

Why did Trump slap Canada and Mexico with a 10% levy?

U.S. President Donald Trump slapped Canada and Mexico with duties of 25% and China with a 10% levy on Saturday, calling the measures necessary to combat illegal immigration and the drug trade. ...

Which European carmakers were hit by market turmoil?

European carmakers Volkswagen, Stellantis, and BMW were also hit by market turmoil. VW fell as much as 6.7%, bringing its decline over the past 12 months to more than 22%. Stellantis, which owns Jeep, Chrysler, and Ram, tumbled as much as 7%. ...