Amendment to Duties To Address the Situation at Our Southern Border
Executive orderTariff cut or exemptionSigned 25/03/02Federal Register 25/03/06Executive Order 14227Open the original
Summary
President Trump amends the southern border duties order to keep duty-free de minimis treatment available for certain covered articles. That exemption ends once the Commerce Secretary notifies the President that systems are in place to process and collect the applicable tariff revenue.
By industry
- Immigration & Border1 trading day−0.7%p15 stocks5 trading days+3.9%p15 stocks20 trading days+10.1%p15 stocks
“To Address the Situation at Our Southern Border”
- Tariffs & Reshoring1 trading day−1.7%p15 stocks5 trading days−1.0%p15 stocks20 trading days−1.6%p15 stocks
“Duty-free de minimis treatment under 19 U.S.C. 1321 is available”
Day by day after the announcement
| Day | Immigration & Border stocks | S&P 500 |
|---|---|---|
| 25/02/28 | 0.0% | 0.0% |
| 25/03/03 | −2.1% | −1.4% |
| 25/03/04 | −1.7% | −2.1% |
| 25/03/05 | −0.3% | −1.8% |
| 25/03/06 | −1.4% | −3.2% |
| 25/03/07 | +0.8% | −3.1% |
| 25/03/10 | −1.8% | −6.0% |
| 25/03/11 | −1.9% | −6.2% |
| 25/03/12 | −0.2% | −5.9% |
| 25/03/13 | −1.1% | −6.7% |
| 25/03/14 | +0.8% | −5.3% |
| 25/03/17 | +3.0% | −4.5% |
| 25/03/18 | +3.6% | −5.5% |
| 25/03/19 | +5.4% | −4.3% |
| 25/03/20 | +3.5% | −4.7% |
| 25/03/21 | +2.7% | −4.9% |
| 25/03/24 | +5.2% | −3.3% |
| 25/03/25 | +5.8% | −3.0% |
| 25/03/26 | +5.3% | −4.4% |
| 25/03/27 | +5.4% | −4.5% |
| 25/03/28 | +3.5% | −6.6% |
Korean stocks in these industries
- Hyundai Motor Company 005380
- LG Energy Solution 373220
- 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.
- Prabu Natarajan
BuyScience Applications International
BuyScience Applications International
SAIC
$219.1K
2,000 sh
$219.1K
Filed 25/03/27
Traded 25/03/26
- Toni Townes-Whitley
BuyScience Applications International
BuyScience Applications International
SAIC
$156.9K
1,404 sh
$156.9K
Filed 25/03/31
Traded 25/03/28
- Toni Townes-Whitley
BuyScience Applications International
BuyScience Applications International
SAIC
$66.5K
596 sh
$66.5K
Filed 25/03/31
Traded 25/03/28
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$5.1M
47,876 sh
$5.1M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$4.5M
43,618 sh
$4.5M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$4.2M
41,244 sh
$4.2M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$4M
38,243 sh
$4M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$4M
39,828 sh
$4M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$3.9M
39,334 sh
$3.9M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$3.4M
34,893 sh
$3.4M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$3.3M
31,557 sh
$3.3M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$3.3M
30,871 sh
$3.3M
Filed 25/02/24
Traded 25/02/20
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$2.5M
23,611 sh
$2.5M
Filed 25/02/24
Traded 25/02/21
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$1.8M
16,792 sh
$1.8M
Filed 25/02/24
Traded 25/02/21
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$1.7M
16,003 sh
$1.7M
Filed 25/02/24
Traded 25/02/21
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$1.2M
11,606 sh
$1.2M
Filed 25/02/24
Traded 25/02/21
- Peter R. Matt
BuyCommercial Metals
BuyCommercial Metals
CMC
$294.6K
6,100 sh
$294.6K
Filed 25/03/31
Traded 25/03/27
- Alexander C. Karp
SellPalantir Technologies
SellPalantir Technologies
PLTR
$721.5K
6,663 sh
$721.5K
Filed 25/02/24
Traded 25/02/21
- Vincent P. DiFronzo
BuyScience Applications International
BuyScience Applications International
SAIC
$65K
597 sh
$65K
Filed 25/03/25
Traded 25/03/25
- Milford W. McGuirt
BuyScience Applications International
BuyScience Applications International
SAIC
$55.3K
500 sh
$55.3K
Filed 25/03/27
Traded 25/03/27
