Addressing Certain Tariffs on Imported Articles
Executive orderTariff raisedSigned 25/04/29Federal Register 25/05/02Executive Order 14289Open the original
Summary
President Trump sets rules so multiple tariffs do not stack on the same imported article. It applies to tariffs on automobiles and parts, northern and southern border duties, and aluminum and steel tariffs, and is published on May 2, 2025.
By industry
- Tariffs & Reshoring1 trading day−0.1%p15 stocks5 trading days+1.6%p15 stocks20 trading days−2.0%p15 stocks
“to the administration of tariffs imposed through the following actions”
- Batteries, EVs & the IRA1 trading day−0.6%p15 stocks5 trading days−4.5%p15 stocks20 trading days−1.8%p15 stocks
“Adjusting Imports of Automobiles and Automobile Parts Into the United States”
- Immigration & Border1 trading day+0.5%p15 stocks5 trading days−1.8%p15 stocks20 trading days−5.7%p15 stocks
“Imposing Duties To Address the Situation at Our Southern Border”
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
- LG Energy Solution 373220
- Samsung SDI 006400
- SK Innovation 096770
- Hyundai Motor Company 005380
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Heather A. Planishek
BuyPalantir Technologies
BuyPalantir Technologies
PLTR
$1.2M
10,000 sh
$1.2M
Filed 25/05/12
Traded 25/05/08
- Joseph Gebbia
BuyTesla
BuyTesla
TSLA
$1M
4,000 sh
$1M
Filed 25/04/28
Traded 25/04/24
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$22.7M
180,000 sh
$22.7M
Filed 25/05/22
Traded 25/05/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$16.5M
129,631 sh
$16.5M
Filed 25/05/22
Traded 25/05/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$6.1M
48,387 sh
$6.1M
Filed 25/05/22
Traded 25/05/20
- John Hickenlooper
Partial salePalantir Technologies
Partial salePalantir Technologies
PLTR
$1K–$15K
Dependent child
$1K–$15K
Reported 05/05
Traded 25/04/16
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$2.3M
18,391 sh
$2.3M
Filed 25/05/22
Traded 25/05/21
- Stephen Andrew Cohen
SellPalantir Technologies
SellPalantir Technologies
PLTR
$19.6M
155,287 sh
$19.6M
Filed 25/05/22
Traded 25/05/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$1.8M
14,394 sh
$1.8M
Filed 25/05/22
Traded 25/05/21
- Stephen Andrew Cohen
SellPalantir Technologies
SellPalantir Technologies
PLTR
$14.2M
111,834 sh
$14.2M
Filed 25/05/22
Traded 25/05/20
- Shyam Sankar
SellPalantir Technologies
SellPalantir Technologies
PLTR
$9.5M
75,621 sh
$9.5M
Filed 25/05/22
Traded 25/05/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$893K
7,040 sh
$893K
Filed 25/05/22
Traded 25/05/21
- Shyam Sankar
SellPalantir Technologies
SellPalantir Technologies
PLTR
$6.9M
54,460 sh
$6.9M
Filed 25/05/22
Traded 25/05/20
- Badrinarayanan Kothandaraman
BuyEnphase Energy
BuyEnphase Energy
ENPH
$185.4K
4,000 sh
$185.4K
Filed 25/04/28
Traded 25/04/25
- Stephen Andrew Cohen
SellPalantir Technologies
SellPalantir Technologies
PLTR
$5.2M
41,744 sh
$5.2M
Filed 25/05/22
Traded 25/05/20
- Ira Matthew Ehrenpreis
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$30.1M
84,390 sh
$30.1M
Filed 25/05/29
Traded 25/05/27
- Shyam Sankar
SellPalantir Technologies
SellPalantir Technologies
PLTR
$2.6M
20,328 sh
$2.6M
Filed 25/05/22
Traded 25/05/20
- 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
- Ryan D. Taylor
SellPalantir Technologies
SellPalantir Technologies
PLTR
$2.2M
17,790 sh
$2.2M
Filed 25/05/22
Traded 25/05/20