These companies have the most to lose from US tariffs on Mexico

📆 16/03/1398 10:51 ب.ظ
📰 CNBC

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With over $100 billion of autos and auto parts imported into the U.S. from Mexico, General Motors, Ford, American Axel, Autoliv and Lear are the stocks most at risk, according to RBC Capital Markets.

Within the consumer staples sector, Spectrum Brands and Newell Brands have the most exposure to Mexico.

The materials sector, which includes companies like Whirlpool and Fortune Brands, would also be impacted negatively. An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016.Automotive companies have the most to lose if the U.S. imposes tariffs on Mexican goods, with consumer staples, materials, and energy companies trailing closely behind, RBC Capital Markets said in a note Thursday.

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What about the Mexican economy 🤥

mr_jettlife

I hope no one is in need of car parts? You better start mapping out a plan to start walking.😏

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