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Stock impact report

Trump announces 25% tariffs on all foreign-made vehicles, some auto parts [Yahoo! Finance Canada]

Stellantis N.V. Common Shares (STLA) 
President Trump made good on his promise to impose tariffs on foreign automakers, imposing 25% duties on all cars and light trucks not made in the United States, as well as "certain auto parts." “This will continue to spur growth that you've never seen before," Trump said from the White House on Wednesday, signing an executive order putting the tariffs in place. The 25% tariffs are set to take effect April 2 and add to existing tariffs. The White House estimates that $100 billion in annual duties will be collected. White House press secretary Karoline Leavitt said Trump would make the announcement earlier today during a news briefing with reporters. Shares of GM ( GM ), Stellantis ( STLA ), Ford ( F ) and Tesla ( TSLA ) traded lower in the aftermarket followin Read more
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