President Trump announced a 50% tariff on Canadian vehicles and auto parts effective January 1, 2027, causing Ford and Stellantis shares to drop 4%, and General Motors to fall 2%. The tariffs follow failed US-Canada trade talks and aim to address a $60 billion trade deficit. The market is pricing in this future cost, with potential for reversal if talks resume or exemptions are granted. Investors should monitor company updates and policy developments closely as the tariff date approaches.
Ford's stock has risen 6% this year, beating Tesla's 22% decline, though Ford's market cap is just 4% of Tesla's $1.38 trillion. Ford dominates the U.S. SUV and pickup market with its profitable F-150, while Tesla faces challenges with declining EV s...
President Trump's threat to impose a 50% tariff on Canadian autos and auto parts starting January 1, 2027, is viewed by UBS analysts as a negotiating tactic rather than a firm policy. The tariff threat follows stalled US-Canada trade talks, with larg...
Tesla has increased the price of its Cybertruck models by $5,000, with the dual motor and premium all-wheel drive versions now priced at $74,990 and $84,990 respectively. This price hike comes amid sharply declining sales, with Cybertruck deliveries ...
