Amendments to Adjusting Imports of Automobiles and Automobile Parts Into the United States
ProclamationTariff raisedSigned 25/04/29Federal Register 25/05/02Open the original
Summary
President Trump modifies the tariff system under section 232 for automobiles and certain automobile parts. The automobile tariffs have been in effect since April 3, 2025, and the automobile parts tariffs go into effect on or after May 3, 2025.
By industry
- Tariffs & Reshoring1 trading day−0.1%p15 stocks5 trading days+1.6%p15 stocks20 trading days−2.0%p15 stocks
“to impose a tariff system to adjust imports of automobiles and certain automobile parts”
- Defense1 trading day+0.3%p15 stocks5 trading days−0.3%p15 stocks20 trading days−2.7%p15 stocks
“critical to a strong domestic defense industrial base”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/04/28 | 0.0% | 0.0% |
| 25/04/29 | +0.4% | +0.5% |
| 25/04/30 | −0.5% | +1.4% |
| 25/05/01 | +1.5% | +1.3% |
| 25/05/02 | +5.2% | +3.0% |
| 25/05/05 | +4.0% | +2.4% |
| 25/05/06 | +3.2% | +2.4% |
| 25/05/07 | +2.4% | +2.0% |
| 25/05/08 | +2.5% | +2.6% |
| 25/05/09 | +1.8% | +2.6% |
| 25/05/12 | +7.0% | +6.0% |
| 25/05/13 | +8.0% | +6.6% |
| 25/05/14 | +7.7% | +6.7% |
| 25/05/15 | +7.1% | +7.3% |
| 25/05/16 | +7.9% | +7.0% |
| 25/05/19 | +7.8% | +8.1% |
| 25/05/20 | +7.0% | +7.7% |
| 25/05/21 | +4.3% | +5.9% |
| 25/05/22 | +3.3% | +6.0% |
| 25/05/23 | +2.4% | +5.2% |
| 25/05/27 | +5.5% | +7.5% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Eric M. Demarco
BuyKratos Defense & Security Solutions
BuyKratos Defense & Security Solutions
KTOS
$250.4K
7,455 sh
$250.4K
Filed 25/05/12
Traded 25/05/12
- Carolyn B. Handlon
BuyScience Applications International
BuyScience Applications International
SAIC
$25.3K
230 sh
$25.3K
Filed 25/04/08
Traded 25/04/07
- John K. Tien Jr.
BuyScience Applications International
BuyScience Applications International
SAIC
$25K
215 sh
$25K
Filed 25/04/02
Traded 25/04/02
- Srinivas Attili
BuyScience Applications International
BuyScience Applications International
SAIC
$11.2K
100 sh
$11.2K
Filed 25/04/07
Traded 25/04/04
- James A. Winnefeld Jr.
BuyRTX
BuyRTX
RTX
$23.6K
200 sh
$23.6K
Filed 25/04/23
Traded 25/04/23
- John R. McPherson
BuyCommercial Metals
BuyCommercial Metals
CMC
$100K
2,475 sh
$100K
Filed 25/04/07
Traded 25/04/04
- Stephanie F. Pope
SellBoeing
SellBoeing
BA
$3.1M
16,768.13 sh
$3.1M
Filed 25/05/05
Traded 25/05/01
- Garth Graham
BuyScience Applications International
BuyScience Applications International
SAIC
$25.1K
215 sh
$25.1K
Filed 25/04/14
Traded 25/04/14
- David Christopher Raymond
SellBoeing
SellBoeing
BA
$729.2K
3,899 sh
$729.2K
Filed 25/05/05
Traded 25/05/02
- John Boozman
BuyRTX
BuyRTX
RTX
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/30
- Leon J. Topalian
SellNucor
SellNucor
NUE
$2.9M
23,935 sh
$2.9M
Filed 25/05/05
Traded 25/05/01
- Leon J. Topalian
SellNucor
SellNucor
NUE
$1.2M
9,769 sh
$1.2M
Filed 25/05/05
Traded 25/05/01
- Jeffrey S. Shockey
SellBoeing
SellBoeing
BA
$650.2K
3,205 sh
$650.2K
Filed 25/05/15
Traded 25/05/13
- Michael J. Cleary
SellBoeing
SellBoeing
BA
$558K
3,000 sh
$558K
Filed 25/05/08
Traded 25/05/06
- Jana Partners Management
SellMercury Systems
SellMercury Systems
MRCY
$4.6M
100,000 sh
$4.6M
Filed 25/05/09
Traded 25/05/09
- Jana Partners Management
SellMercury Systems
SellMercury Systems
MRCY
$4.1M
88,152 sh
$4.1M
Filed 25/05/09
Traded 25/05/08
- Michael J. Cleary
SellBoeing
SellBoeing
BA
$368K
2,000 sh
$368K
Filed 25/05/05
Traded 25/05/01
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$3.4M
45,359 sh
$3.4M
Filed 25/05/22
Traded 25/05/20
- Amy L. Johnson
SellRTX
SellRTX
RTX
$320.8K
2,515 sh
$320.8K
Filed 25/05/08
Traded 25/05/06
- John Boozman
Partial saleGeneral Dynamics
Partial saleGeneral Dynamics
GD
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/20