Strengthening Customs Enforcement
Executive orderRegulation tightenedSigned 06/03Federal Register 06/10Executive Order 14411Open the original
Summary
President Trump orders the Secretary of Homeland Security to revise importer eligibility rules within 180 days, requiring importers of record to keep minimum domestic assets or bonds, raising bond coverage and requiring disclosures such as ownership and expected import volumes.
By industry
- Tariffs & Reshoring1 trading day+0.0%p15 stocks5 trading days+0.1%p15 stocks20 trading days−11.2%p15 stocks
“ensures importers of record (IORs) are correctly identified and accountable for duties owed”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 26/06/02 | 0.0% | 0.0% |
| 26/06/03 | −1.2% | −1.2% |
| 26/06/04 | −0.9% | −0.5% |
| 26/06/05 | −4.4% | −3.2% |
| 26/06/08 | −4.1% | −2.7% |
| 26/06/09 | −3.0% | −3.1% |
| 26/06/10 | −5.0% | −4.7% |
| 26/06/11 | +0.3% | −2.7% |
| 26/06/12 | +0.8% | −2.3% |
| 26/06/15 | −2.1% | −0.8% |
| 26/06/16 | −3.1% | −1.2% |
| 26/06/17 | −4.6% | −2.2% |
| 26/06/18 | −5.6% | −1.6% |
| 26/06/22 | −6.0% | −2.1% |
| 26/06/23 | −8.4% | −3.3% |
| 26/06/24 | −8.9% | −2.9% |
| 26/06/25 | −7.1% | −3.4% |
| 26/06/26 | −8.2% | −3.8% |
| 26/06/29 | −10.6% | −2.5% |
| 26/06/30 | −10.9% | −1.8% |
| 26/07/01 | −13.1% | −1.9% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Leon J. Topalian
SellNucor
SellNucor
NUE
$5M
21,954 sh
$5M
Filed 05/19
Traded 05/15
- Leon J. Topalian
SellNucor
SellNucor
NUE
$3.7M
16,239 sh
$3.7M
Filed 05/19
Traded 05/15
- Celso L. Goncalves Jr.
SellCleveland-Cliffs
SellCleveland-Cliffs
CLF
$2.9M
214,308 sh
$2.9M
Filed 06/05
Traded 06/05
- Leon J. Topalian
SellNucor
SellNucor
NUE
$2.1M
9,366 sh
$2.1M
Filed 05/19
Traded 05/15
- Leon J. Topalian
SellNucor
SellNucor
NUE
$1M
4,441 sh
$1M
Filed 05/19
Traded 05/15
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$4.6M
25,823 sh
$4.6M
Filed 06/04
Traded 06/02
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$2.7M
13,269 sh
$2.7M
Filed 06/24
Traded 06/22
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$2.5M
13,865 sh
$2.5M
Filed 06/04
Traded 06/02
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$2.4M
13,164 sh
$2.4M
Filed 06/04
Traded 06/02
- Kenneth Rex Query
SellNucor
SellNucor
NUE
$2.1M
8,380 sh
$2.1M
Filed 06/03
Traded 06/01
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.9M
11,982 sh
$1.9M
Filed 05/12
Traded 05/11
- John J. Hollatz
SellNucor
SellNucor
NUE
$1.4M
5,522 sh
$1.4M
Filed 06/04
Traded 06/03
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.4M
8,780 sh
$1.4M
Filed 05/12
Traded 05/11
- John J. Hollatz
SellNucor
SellNucor
NUE
$1.3M
5,038 sh
$1.3M
Filed 06/04
Traded 06/03
- Kenneth Rex Query
SellNucor
SellNucor
NUE
$1.3M
5,149 sh
$1.3M
Filed 06/03
Traded 06/01
- James Stanley Anderson
SellSteel Dynamics
SellSteel Dynamics
STLD
$1.2M
4,401 sh
$1.2M
Filed 06/08
Traded 06/05
- James Stanley Anderson
SellSteel Dynamics
SellSteel Dynamics
STLD
$1.1M
4,177 sh
$1.1M
Filed 06/08
Traded 06/05
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1M
6,420 sh
$1M
Filed 05/12
Traded 05/11
- Steven E. Karol
SellCarpenter Technology
SellCarpenter Technology
CRS
$975.5K
2,000 sh
$975.5K
Filed 06/03
Traded 06/01
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$870.2K
5,568 sh
$870.2K
Filed 05/12
Traded 05/11
