Stocks Slump as Trump Tariffs Take Effect

Stocks Slump as Trump Tariffs Take Effect

The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers

Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers

General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.