U.S. President Donald Trump, who signed an oval office at Washington DC on January 31, 2025, and talked to reporters about China, Canada and Mexico, “unraveling prosperity through deregulation.” The order has been posted.
Chip SOMODEVILLA | Getty Image Znow | Getty Image
The US stock market has shook as President Donald Trump has begun the possibility of the World Trade War. Car shares, which have international supply chains, industries, retailers, and the shares of companies that spans the beverage industry, were hit particularly fierce.
Trump on Saturday has pulged 25 % of the customs duties of products from Mexico and Canada, adding 10 % tax on imports from China. Canada responds with its own retaliation tariffs, and Mexico will explore tax on imports in the United States. Trump has also strengthened the threat of tariffs on the European Union.
Customs duties not only increase the cost of transporting products across borders, but can also confuse supply chains and reduce business trust. Goldman Sachs warned that Trump’s latest actions could cause 5 % sale in US stocks because of corporate revenue. The most affected industries and shares are as follows:
Automaker
These tariffs could have a significant impact on the global automotive industry, which greatly depends on the manufacturing operations throughout North America.
Detroit’s Big 3 Automaker, General Motors, Ford, and Stantis can feel the pain of the destroyed supply chain as a result of tariffs, and forced production to transfer production from foreign factories to the United States. I have sex.
Automaker is crushed
Food and drinks
CONSTELLATION BRANDS, a large -scale importer of Mexico alcohol, is leading the sale among sake. Canada also threatens to withdraw American alcohol from the sour shelves operated by the government in accordance with Trump’s 25 % tariffs.
Restaurant chain cheenchi Potre Mexican Glyl and Avocado companies’ carab cultivators felt pain from more expensive supplies as these companies import avocado from Mexico.
Retailer
Sportswear brand NIKE and LULULEMON are significantly dependent on the imports of China, including fabrics, and may be vulnerable to Trump tariffs. Their considerable business in China can be damaged by negative emotions from the trade war.
Since imports from China accounted for a considerable amount of sales, five or less discounted retailers can be one of the largest hit businesses. Another victim is Canada Goose, a gorgeous outerwear company based in Canada.
Railway
Customs duties can damage railway operators because heavy duties slow down the flow of products transported to the United States and impair income and profits.
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Union Pacific
Union Pacific Corporation is a railway company that moves the Freight with the Atlantic coast, the Pacific coast, southeast, southwest, Canada and Mexico. Norfolk Southern and Canada Pacific Kansas City are also exposed to tariffs.
Chinese e -commerce
Trump tariffs have also targeted trade clause that helps online retailers, including Temu, to promote explosive growth. All orders for China, Canada, and Mexico will stop trade exemptions known as “de minimis”. This allows exporters to ship luggage of less than $ 800 to US tax exemption.
TEMU and Alibaba’s Aliexpress, owned by PDD Holdings, may not be able to sell inexpensive apparel, household goods and electronic devices using missing holes.
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PDD holding
