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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."
S&P 500, Dow Hit Records, Trump Tariffs to Cost Hundreds of Billions | Wall Street Today
Shares of Housing and Building-related Stocks Are Trading Lower. Building Permits and New Home Sales Fell in October.
Wolfe's Most Shorted 'Hit List' – FSLR, BE, WBA, SJM
General Motors Unusual Options Activity
GM, Stellantis Stocks Slide as Trump Proposes Tariffs on Mexico, Canada
