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Stock impact report

Here are the market's biggest losers from Trump's fresh auto tariffs [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Tesla and Rivian stocks jumped on Thursday as they manufacture their vehicles domestically. President Donald Trump announced a 25% tariff rate on all imported vehicles on Wednesday, and investors are spooked. Most auto stocks moved lower on Thursday in reaction to the tariffs, with various automakers expected to be negatively affected by the higher prices. The tariffs don't take effect until April 3, and there's a chance negotiations result in changes to the final rate or a narrowing of the scope. But investors are shooting first and asking questions later. That's because the tariffs if fully enacted, could cost automakers tens of billions of dollars. Of the roughly 16 million cars sold in America each year, about half are manufactured outside in o Read more
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