Fact Sheet: President Donald J. Trump Adjusts Tariffs on Canada and Mexico to Minimize Disruption to the Automotive Industry
Fact sheetTariff cut or exemptionPublished 25/03/06Open the original
Summary
President Trump adjusts the tariffs on imports from Canada and Mexico in light of the automotive supply chain: 25% on goods that do not meet USMCA rules of origin, 10% on Canadian energy products and potash outside the USMCA preference, and no tariff on goods that qualify for USMCA preference.
By industry
- Tariffs & Reshoring1 trading day+0.7%p15 stocks5 trading days+1.4%p15 stocks20 trading days+3.2%p15 stocks
“No tariffs on those goods from Canada and Mexico that claim and qualify for USMCA preference.”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/03/05 | 0.0% | 0.0% |
| 25/03/06 | −0.8% | −1.5% |
| 25/03/07 | −0.6% | −1.3% |
| 25/03/10 | −5.2% | −4.3% |
| 25/03/11 | −3.0% | −4.5% |
| 25/03/12 | −2.7% | −4.2% |
| 25/03/13 | −3.2% | −5.0% |
| 25/03/14 | −0.1% | −3.6% |
| 25/03/17 | −0.2% | −2.7% |
| 25/03/18 | −0.9% | −3.8% |
| 25/03/19 | +0.5% | −2.6% |
| 25/03/20 | +0.3% | −3.0% |
| 25/03/21 | −2.7% | −3.1% |
| 25/03/24 | −0.2% | −1.5% |
| 25/03/25 | −0.3% | −1.2% |
| 25/03/26 | −0.8% | −2.6% |
| 25/03/27 | −1.1% | −2.7% |
| 25/03/28 | −4.9% | −4.9% |
| 25/03/31 | −5.3% | −4.3% |
| 25/04/01 | −5.3% | −3.8% |
| 25/04/02 | −3.4% | −6.6% |
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.
- Peter R. Matt
BuyCommercial Metals
BuyCommercial Metals
CMC
$294.6K
6,100 sh
$294.6K
Filed 25/03/31
Traded 25/03/27
- Jane M. Cronin
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$105.6K
10,000 sh
$105.6K
Filed 25/02/28
Traded 25/02/28
- Keith Koci
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$102.8K
9,500 sh
$102.8K
Filed 25/02/28
Traded 25/02/28
- John R. McPherson
BuyCommercial Metals
BuyCommercial Metals
CMC
$100K
2,475 sh
$100K
Filed 25/04/07
Traded 25/04/04
- John T. Baldwin
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$34.8K
4,000 sh
$34.8K
Filed 25/03/10
Traded 25/03/10
- Karla R. Lewis
SellReliance
SellReliance
RS
$3.6M
12,114 sh
$3.6M
Filed 25/02/25
Traded 25/02/24
- Karla R. Lewis
SellReliance
SellReliance
RS
$3.4M
11,317 sh
$3.4M
Filed 25/02/25
Traded 25/02/24
- Karla R. Lewis
SellReliance
SellReliance
RS
$1.5M
4,790 sh
$1.5M
Filed 25/02/25
Traded 25/02/24
- Karla R. Lewis
SellReliance
SellReliance
RS
$342.1K
1,135 sh
$342.1K
Filed 25/02/25
Traded 25/02/24
- Glenn Pushis
SellSteel Dynamics
SellSteel Dynamics
STLD
$3.2M
23,649 sh
$3.2M
Filed 25/02/12
Traded 25/02/11
- Karla R. Lewis
SellReliance
SellReliance
RS
$295.3K
970 sh
$295.3K
Filed 25/02/25
Traded 25/02/24
- Karla R. Lewis
SellReliance
SellReliance
RS
$244.9K
810 sh
$244.9K
Filed 25/02/25
Traded 25/02/24
- David J. Morehouse
SellAti
SellAti
ATI
$884.5K
17,000 sh
$884.5K
Filed 25/04/03
Traded 25/04/01
- Viola L. Acoff
SellCarpenter Technology
SellCarpenter Technology
CRS
$807.3K
4,000 sh
$807.3K
Filed 25/03/06
Traded 25/03/04
- Tina Killough Busch
SellAti
SellAti
ATI
$657.5K
9,900 sh
$657.5K
Filed 25/02/07
Traded 25/02/06
- Robert F. Hoffman
SellCentury Aluminum
SellCentury Aluminum
CENX
$101.2K
5,000 sh
$101.2K
Filed 25/03/24
Traded 25/03/20
- Robert F. Hoffman
SellCentury Aluminum
SellCentury Aluminum
CENX
$50K
2,500 sh
$50K
Filed 25/03/18
Traded 25/03/14
