Automakers can respond to President Trump’s new 25 percent tariffs on imported cars and parts in several ways. But all of them cost money and will lead to higher car prices, analysts say. Manufacturers can try to move production from countries like Mexico to the United States. They can try to increase the number of…
Vehicles awaiting shipment are parked at a port on March 27, 2025 in Yokohama, Japan. U.S. Tomohiro Ohsumi | Getty Images Asian auto stocks fell for a second straight day as investors fretted over U.S. President Donald Trump’s tariffs on cars and certain automobile parts not made in the country. Japanese automakers Toyota and Honda…
Advisories issued for those travelling to the U.S., sparked by a series of arrests and detentions at, could take a serious toll on America’s tourism industry. Jukka Laitamaki, professor of international hospitality and tourism at New York University, told Newsweek that should these spread to other countries, the economic impact could be “anywhere between 60…
There is no doubt the tariffs that President Trump said he would impose on imported cars, trucks and auto parts next week will raise prices by thousands of dollars for consumers. What is not clear is how soon those increases will kick in, how high they will go and which models will be affected the…
Tesla CEO Elon Musk imports at least 20% of the value of each of his U.S.-built vehicles from Mexico. These parts are now subject to steep import duties following Wednesday’s tariff announcement by the president. Brendan Smialowski—AFP via Getty Images Source link
We recently published a list of 12 Popular Penny Stocks on Robinhood to Watch. In this article, we are going to take a look at where MicroAlgo Inc. (NASDAQ:MLGO) stands against other popular penny stocks on Robinhood to watch. The stock market is navigating a complex landscape influenced by geopolitical tensions, trade policies, and shifting…
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of GM…
Here are five key things investors need to know to start the trading day: 1. Timid trading Stock futures were timid Thursday, continuing a relatively slow week on Wall Street. Four trading days into the period, the major averages have posted modest gains. The Dow Jones Industrial Average is up 1% on the week, the…
Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have…
Mexico deployed thousands of National Guard troops to the border to deter migrants from reaching the United States. South Korea said it would invest $21 billion in expanding U.S. manufacturing. Japanese officials descended on Washington, offering to invest $1 trillion in the United States and buy more American natural gas. None of that was enough…