Canadian Auto-Parts Makers Hard Hit on Trump's Tariff Threat -- Market Talk

Dow Jones2026/08/24 15:40

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11:40 ET--Canada's auto-parts makers are some of the hardest hit stocks on the TSX as President Trump threatens 50% tariff on the country's auto sector. Trump is planning to impose 50% tariffs on automobiles and parts from Canada starting in January 2027. The escalation comes after cross-border trade talks collapsed over the weekend after the U.S. added last-minute requests to a nearly completed deal. U.S. tariffs on Canadian automobiles now stand at 25%, with discounts for the U.S. content in cars, while steel tariffs are at 50%. Magna International, the largest auto-parts maker, is down 4%, while Linamar declined by 4.9%. Martinrea International shares are down 6.3%. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

August 24, 2026 11:40 ET (15:40 GMT)

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华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01