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Stock impact report

Trump Tariffs' Pain Could Be These Stocks' Gain [Yahoo! Finance]

Driven Brands Holdings Inc. (DRVN) 
Company Research Source: Yahoo! Finance
It's not just that his aggressive tariff policy has ignited a competitive trade war with our largest trading partners, Canada and Mexico – it's also that the mercurial President will announce tariffs, walk them back, and reimpose them. He's created an environment that makes it difficult for investors to predict what's coming next. Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. For this week, however, we are ready to risk a prediction. The President has announced that a 25% tariff will take effect on all foreign-made automobiles and automotive parts, effective on April 2. A few immediate effects are obvious: the price of cars will likely jump, pushing the average cost of a new vehicle above the $50,000 mark. Going forward, the average age of the nation's auto fleet, already at 12 years, is likely to increase, as vehicle owners Show less Read more
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