are among the companies most sensitive to the newly-proposed tariffs on Mexico imports.
"Escalation of the trade war poses a risk to both corporate profit margins and the health of the US consumer, who will likely absorb the majority of the tariffs via higher prices," Ben Snider, an equity strategist at the bank, said in a note Friday. by October if Mexico does not take action to "reduce or eliminate the number of illegal aliens" crossing into the U.S."...At least the first 5% tariff on imports from Mexico planned for June 10 will be implemented," Snider said. "The combination of proposed tariffs on China and Mexico imports would result in roughly 80% of some U.S. imported products being subjected to tariffs, including toys, cell phones, and other consumer electronics.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Then those could be stocks to buy if they get beaten up enough especially if you think Mexico tariffs are temporary.
youre all forgetting that Mexico and its perishable crops are going to suffer more than we will....
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman's portfolio of investors' favorite stocks is crushing the market, returning 16% this yearWhile most of the stock market is in turbulence amid the trade chaos, Goldman Sachs has a portfolio that's crushing the market. Even after today? Should update this daily, especially after today with this $GOOGL drop.
Source: CNBC - 🏆 12. / 72 Read more »
US companies are in line of fire of tariffs aimed at MexicoPres. Trump's surprise tariff announcement is sending ripples through almost every economic sector in the U.S., pulling at the shares of companies that make cars, operate railroads, or sell anything with produce. Trump did hand the US soybean market to Putin. His plan is bankrupt the US economy and hand our market commodities to Putin. TrumpCriminalInvestigations And Mexico is laughing! Didn’t he just renegotiate the deal and all were happy? Something is wrong with this guy.
Source: ABC - 🏆 471. / 51 Read more »
Factbox: Effect of potential Mexico tariffs on U.S. companiesU.S. companies have begun to respond to President Donald Trump's proposed t... It will probably effect the American people that use the products more than the companies. Why don't you compare that to the effect on Mexican businesses? Also, have you done an in-depth 'Factbox' on the actual effects of tens of millions of destitute people flooding into the country? Nope. Because you have an agenda: hide real news behind cherry-picked 'facts'. The effect of Mexican tariffs.🇺🇸🌎💋🙄😢
Source: Reuters - 🏆 2. / 97 Read more »