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The Independent UK
The Independent UK
National
Damian J. Troise

Stocks from automakers to retailers feel pressure from tariff threats

Donald Trump United States China Mexico Ford General Motors AB InBev Apple Canada Nvidia
Canada Tariffs Alcohol - (ASSOCIATED PRESS)

Companies in a wide range of industries are seeing their stocks come under pressure Monday on Wall Street because of tariff threats from President Donald Trump.

Automakers, technology companies and retailers all fell as the U.S., Mexico, Canada and China wrangled over tariffs. Trump said over the weekend that 25% tariffs on imports from Canada and Mexico would go into effect Tuesday, along with 10% tariffs on imports from China. But the tariffs against Mexico have been delayed for a month to allow for negotiations.

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