Quotes
Thank you all for your cheap shares today and soaking up that dividend at these low share prices."
One Stellantis watcher wrote Let's go FORD bulls!"
Another expressed enthusiasm over the tax deduction plan, saying Trump will be tremendous for these companies,
All automakers will be impacted by these tariffs on Canada and Mexico. Most anticipate the price of some vehicle models will increase by as much as 25% and the negative impact on vehicle price and vehicle availability will be felt almost immediately,
said John Bozzella, who heads the Alliance for Automotive Innovation Those are categories where we'll try to protect pricing, but the consumer will likely see price increases over the next couple of days,
he told CNBC in an interview after Target released its fourth-quarter earnings If there's a 25% tariff, those prices will go up,
The prospect of significant tariffs on our allies has resulted in withholding investments [and] preemptive price increases that are going to be borne by small businesses and, ultimately, by consumers,
Bharat Ramamurti, former deputy director of Biden's National Economic Council, said in a statement shared with Newsweek The market finally took the Trump administration at its word, and the realization that the tariff talk wasn't just a negotiating tactic is starting to sink in,
Chris Zaccarelli, chief investment officer for Northlight Asset Management, said in a statement shared with Newsweek The selloff that we are beginning to see has room to run—to the downside—as long as the tariff threats remain more than idle talk. Last month's reprieve was just a temporary break in the downward trend, because a trade war is something the market didn't believe was possible, so as one—or many—start to unfold, the market will begin pricing in the inevitable damage that will be done to our economy,
While the U.S. is now broadening its tariff regime to Canada and Mexico, weak domestic U.S. activity... is preventing the dollar from strengthening on the tariff news,
said Chris Turner, global head of markets at ING The size of initial moves lower for the Canadian dollar and Mexican peso have been relatively modest considering the scale of the tariffs that have been put in place,
said Lee Hardman, senior currency analyst at Japanese bank MUFG Our tariffs will remain in place until the US trade action is withdrawn, and should US tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,
he said, urging the US administration to reconsider its tariffs Canada will not let this unjustified decision go unanswered,
Trudeau said in a statement We need to look at this with a cool head, ... The European Union is the United States' first market."
If the United States... persists in waging a tariff war, a trade war, or any other kind of war, the Chinese side will fight them to the bitter end,
Foreign Ministry spokesman Lin Jian said Germany supports the EU Commission's approach of working with the US government to find a negotiated solution,
Habeck, a Green politician who is also Germany's vice chancellor, said in a statememt on Tuesday We have negotiators who are playing hardball, we will play hardball but ... we need to reach a balanced deal to protect our economies,
Lombard told France Info radio These tariffs threaten deeply integrated supply chains, investment flows and economic stability across the Atlantic,
But the EU will not be pushed around. If President Trump imposes the announced tariffs on EU products, we will react with unity and self-confidence,
This move risks disrupting global trade, harming key economic partners, and creating unnecessary uncertainty at a time when international cooperation is more crucial than ever,
the Commission said in a statetment
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