Streetbeat News

Trade Policy

CARX

CVNA

President Trump's new automobile tariffs are expected to potentially increase used car prices by raising new car prices and potentially reducing new car supply. This could positively impact companies with significant used car inventories or related business models.

Portfolio Pulse from

March 27, 2025 | 7:30 pm

EGKLF

ElringKlinger AG discussed its fiscal year 2024 performance during a virtual earnings conference call, highlighting challenging market conditions including geopolitical tensions and trade policy conflicts. The company is focusing on its SHAPE30 transformation strategy, aiming to navigate the complex automotive industry landscape with a strategic package of measures targeting profitable business segments.

Portfolio Pulse from

March 27, 2025 | 7:30 pm

F

GM

President Trump has imposed a 25% tariff on vehicles imported into the United States, citing national security concerns. The announcement has caused a significant drop in auto stocks, with global strategist Thierry Wizman highlighting the strategic motivations behind the tariffs.

Portfolio Pulse from

March 27, 2025 | 7:15 pm

F

GM

TM

President Trump's proposed 25% tariffs on imported vehicles and auto parts will likely increase car prices by $4,000 to $10,000, with complex implementation due to component origin rules. The tariffs could impact vehicle availability, pricing strategies, and potentially eliminate some entry-level car models.

Portfolio Pulse from

March 27, 2025 | 7:15 pm

XRT

Loop Capital managing director Anthony Chukumba suggests that ongoing tariff uncertainties could negatively impact consumer confidence in the current economic landscape. During an appearance on 'Power Lunch', Chukumba discussed potential challenges facing consumer sentiment and economic stability.

Portfolio Pulse from

March 27, 2025 | 7:15 pm

F

GM

Tom Maoli, owner of Celebrity Motor Car Company, appeared on 'Power Lunch' to discuss the potential negative consequences of auto tariffs. He suggests that the current approach is too aggressive and could damage car sales, advocating for a more nuanced strategy that incentivizes rather than punishes.

Portfolio Pulse from

March 27, 2025 | 7:00 pm

F

Tim Seymour, a financial expert, suggests that Ford's dividend could be cut in response to potential economic challenges arising from President Trump's proposed 25% tariff on imported vehicles. The tariff could significantly impact automakers' financial performance and strategic planning.

Portfolio Pulse from

March 27, 2025 | 7:00 pm

TM

Toyota Motor is experiencing stock price pressure due to potential new US tariffs on imported automobiles and parts. The proposed 25% tariff could significantly impact Toyota's export strategy, potentially leading to higher vehicle prices and reduced sales in the US market. Despite having manufacturing facilities in North America, the company may struggle to quickly expand domestic production to mitigate tariff impacts.

Portfolio Pulse from

March 27, 2025 | 7:00 pm

IBKR

Steve Sosnick, chief strategist at Interactive Brokers, discussed current market uncertainty and potential impacts of auto tariff news. The markets appear to be experiencing muted reactions to ongoing trade policy developments.

Portfolio Pulse from

March 27, 2025 | 6:45 pm

WFC

Jay Bryson, chief economist at Wells Fargo, predicts a potential deterioration in consumer spending due to ongoing tariffs and global trade uncertainties. The analysis suggests economic challenges stemming from trade policy complexities that could impact consumer behavior and economic growth.

Portfolio Pulse from

March 27, 2025 | 6:45 pm