Trump Weekly: Mexico, Canada tariffs coming, EU could be next
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 28 2025
0mins
Source: Business Insider
Tariffs and Trade Policies: President Trump announced the implementation of tariffs on drugs from Mexico and Canada, as well as a potential investigation into copper imports to counter China's market influence. He also threatened 25% tariffs on EU imports, particularly targeting the automotive sector.
Impact on Companies and Industries: The proposed policies could significantly affect companies in various sectors, including copper (Freeport McMoRan, Southern Copper), steel (ArcelorMittal, Nucor), and automotive (Volkswagen, BMW). Additionally, Trump's plans to revoke oil production concessions in Venezuela may impact Chevron's operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
