Dow Hits Another Record, Core PCE 2.8% as Expected | Live Stock
Express News | GM Shares up 1.8% After About 9% Fall in Tuesday's Session
Not only European auto manufacturers, general motors (GM.US) and other American counterparts will also be affected by Trump's tariff "big stick".
The incoming usa president Trump plans to impose a 25% tariff on all autos imported from Mexico and Canada, which may impact the profits of usa auto manufacturers.
DBS Maintains General Motors(GM.US) With Hold Rating, Cuts Target Price to $55
General Motors: Hold Rating Maintained Amid Market Challenges and Strategic Developments
Lifting a stone to hit one's own foot! As soon as the tariff threat from Trump emerged, the stock prices of usa auto giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
BigGuy45 : 53 and 43 is coming, sell is declining
Clintzilla OP BigGuy45 : Dale Jr, Warren Buffett and other things tell me 70 plus next year
笨珍人炒股养家 BigGuy45 :