3 Auto Stocks Sliding on Trump Tariff Concerns
Ford Motor(F) Schaeffers Investment Research·2024-11-26 19:35
The auto sector is taking a hit today, after President-Elect Donald Trump announced his latest tariff plans, which include a 25% tariff on goods from Mexico and Canada (higher than the proposed blanket tariff of up to 20% on all imports). Investors are considering the interdependence of the auto industry throughout North America, particularly the sale of auto parts through complex supply chains. Today, we're taking a look at how the "Detroit Big Three" are faring after the news.At last check, Ford Motor Co ...