Tom Ellsworth
@bizdocpodcast·63.4K subscribers·1.6K videos
Auto Stocks Decline Amid Tariff Uncertainty, Ford Eyes Domestic Strategy
Posted
February 6, 2025
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2:18Now PlayingRecent developments regarding President Trump's proposed tariffs on goods from Mexico and Canada have significantly impacted U.S. auto stocks, with major manufacturers like General Motors and Ford experiencing sharp declines. Following an initial announcement of a 25% tariff, stocks fell dramatically, but a one-month suspension of the tariffs by Trump provided some relief, allowing stocks to recover slightly.
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