Why Shares of Boeing Flew Lower Today
Portfolio Pulse from
Boeing shares dropped by 7.3% due to the implementation of new tariffs on goods from Mexico and Canada, and a 10% import duty on Canada's energy products.
March 04, 2025 | 5:30 pm
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Boeing's stock fell by 7.3% due to the implementation of 25% tariffs on goods from Mexico and Canada, and a 10% import duty on Canadian energy products.
The new tariffs directly impact Boeing's supply chain and cost structure, leading to a significant drop in its stock price. The market reacted negatively to the increased costs and potential disruptions in trade.
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