Stocks skid, dollar at 3-week top as Trump announces auto tariffs [Yahoo! Finance Canada]

Stellantis N.V. Common Shares (STLA)
Company Research
Source: Yahoo! Finance Canada
Japan's Nikkei fell 1.2% while South Korea's KOSPI dropped 0.9%. Japanese and South Korean automakers have a big presence in the U.S. market. Toyota Motor shares tumbled 4%, Mazda Motor fell 5% and Subaru 6%. Trump late on Wednesday announced plans for long-promised 25% tariffs on automotive imports, which are set to go into effect on April 2. The European Union expressed regret and Canada said it could impose retaliatory tariffs. Nasdaq futures dropped 0.3% and S&P 500 futures fell 0.2% early in Asia. Wall Street already ended sharply lower on expectations of such a move, with the tech-heavy Nasdaq slumping more than 2% overnight. After the announcement, U.S. automakers lost ground after the bell. General Motors slumped
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News
- Acciones De General Motors Caen 7,8% Tras Anuncio De Trump De Aranceles En El Sector Automotor [Barron's]Barrons
- El Sector Automotor Europeo Cae Con Fuerza En La Apertura De Las Bolsas Tras Anuncio De Trump Sobre Aranceles [Barron's]Barrons
- Minivans, trucks least safe for rear-passengers, IIHS study finds [USA TODAY]USA TODAY
- Stellantis chairman John Elkann addresses US tariffs and their impact on auto prices [USA TODAY]USA TODAY
- Tesla's Stock Finishes the Day Higher, Following Auto Tariff News [Yahoo! Finance]Yahoo! Finance
STLA
Sec Filings
- 3/11/25 - Form 6-K
- 3/5/25 - Form 6-K
- 2/27/25 - Form 6-K
- STLA's page on the SEC website