Trump Auto Tariffs Jpmorgan Chief Warns These Stocks Could Crash
General Motors slumped
General Motors slumped 7.4%. The Detroit automaker could be among the hardest hit of its peers under broad tariffs, as it sources about 40% of vehicles sold in the U.S. from Mexico and Canada, according to analysts at JPMorgan.
Auto StocksTumble AfterTrump’sTariffs - The New York Times
Trump Auto Tariffs:JPMorgan Warns These Stocks Could Crash
Trump auto tariffs are sending
Trump auto tariffs are sending shockwaves through Wall Street right now as President Trump announced Wednesday a 25% tariff on imported vehicles and car parts. The stock market impact has been immediate and quite dramatic. Several major automakers are seeing significant drops in premarket trading.
Shares in automakers around the world wobbled on Thursday after President Trump announced plans to impose a 25 percent tariff on imported cars and some parts beginning next week.
Shares of GM and other automakers slump as they face higher costs
Trump auto tariffs are sending
U.S. economy willcollapseby 2025 onTrump’stariffs, says - MSN
Trump auto tariffs are sending shockwaves through Wall Street right now as President Trump announced Wednesday a 25% tariff on imported vehicles and car parts. The stock market impact has been immediate and quite dramatic. Several major automakers are seeing significant drops in premarket trading.
USTariffs: What’s the Impact?
President Trump has announced
TheStockMarket Finally Got SomeTariffsClarity. Why It’s aCar Crash
Trump Auto Tariffs: JPMorgan Chief Warns These Stocks Could Crash!
President Trump has announced 25% tariffs on auto and auto parts entering the U.S, which will take effect on April 2. This updated trade policy will likely raise costs for consumers, according to Ryan Brinkman, head of U.S. Autos and Auto Parts at J.P. Morgan.
JPMorgan analysts had estimated Trump
JPMorgan analysts had estimated Trump’s proposed tariffs on Canadian and Mexican vehicle imports would cost the industry about $41 billion a year if automakers absorbed all of the costs.
JPMorgan chiefJamie Dimonwarnstrade war risks recession and
President Donald Trump over the weekend issued a 25% tariff on Canadian and Mexican imports, along with a 10% levy on goods from China. The duties on Canada and Mexico were then halted for 30
Trump
Trump’s auto tariffs are here and the sector doesn’t look ready, gold card visas may have a tax problem, and more news to start your day.
These Car Stocks CouldFeel the Most Pain UnderTrump'sAuto Tariffs
JPMorgansaysthese stocksare the most at risk fromTrump's
In his widely read annual
In his widely read annual letter to shareholders published on Monday, Dimon said the tariffs announced last week by US President Donald Trump “will likely increase inflation and are causing many
Donald Trump’s proposed tariffs will throw the U.S. economy into chaos by 2025. Morgan Stanley’s chief global economist, Seth Carpenter, says these tariffs are a surefire way to drive up