Trump threatens 50% tariffs on Canadian autos, steel in 2027
President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.
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President Donald Trump says tariffs on all cars, trucks, automotive parts and steel will rise to 50% on January First, 2027, pressuring industrial and auto supply chains.
XLI XLE XLV XLP XLC XLY Industrials (+1.85%), Energy (+1.66%) and Health Care (+1.12%) are outperformers among S&P sector ETFs, while Consumer Staples (-1.23%), Communications (-2.94%) and Consumer Discretionary (-4.66%) pace the underperformers with 5 sectors gaining versus 6 declining
Underperformers vs S&P sector ETFs (% chg vs ETF) Consumer Discretionary (XLY) - CVNA -2.46%, DHI -1.77%, LEN -1.56%, LOW -1.46%, DPZ - 1.34% Consumer Staples (XLP) - KO -3.20%, MNST -1.81%, CLX -1.66%, SJM -1.16%, TAP - 1.08% Communication Services (XLC) - NFLX -5.28%, PSKY -2.53%, META -1.21%, TTD -1.00%, OMC - 0.90%