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Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
If enacted, a 25% tariff on all auto parts from Canada or Mexico will add $2,100 in cost to the consumer for each U.S. assembly vehicle, according to Wells Fargo estimates. As for
Trump's proposed tariffs could bring higher prices for groceries, cars and clothing
Cars, apparel, electronics and more could see prices go up if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on imports from Mexico, Canada and China.
GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices
Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further.
Trump's Tariffs Will Likely Hit Prices in These Seven Industries
The president-elect announced on Monday that he intends to impose a 25 percent tariff on goods from Canada and Mexico.
2h
on MSN
Post-election rally not a rotation based on fundamentals, says Wells Fargo's Christopher
Paul Christopher, Wells Fargo Investment Institute head of global investment strategy, joins CNBC's 'The Exchange' to discuss ...
1d
Wells Fargo’s Wall Street Expansion Paying Off, Braunstein Says
Wells Fargo & Co.’s years-long effort to grow into a more formidable Wall Street player is starting to bear fruit, according ...
20h
on MSN
The area of the stock market investors should avoid in 2025, according to Wells Fargo
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1d
on MSN
Texas woman accuses Wells Fargo affiliate exec in San Antonio of sexually assaulting her in Austin
Wells Fargo knew or should have known of the executives' "propensity for excessive drinking and likelihood of sexual assault, ...
bankingdive
6d
Don’t lift Wells Fargo asset cap, Warren tells Fed
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
2d
Wells Fargo’s Best Growth Stocks: 28 Stocks With The Highest Consensus EPS Growth Estimates
With the interest rate cycle kicking off in the US, stocks that are exposed to consumer and business spending are starting to ...
InvestmentNews
1d
Former Wells Fargo exec Brendan Krebs emerges at PNC
The 25-year industry veteran previously in charge of the Wall Street bank's advisor recruitment efforts is now fulfilling a ...
1d
on MSN
Eastman Chemical upgraded at Wells Fargo on earnings growth
Wells Fargo upgrades Eastman Chemical (EMN) to Overweight, citing strong earnings growth potential, attractive valuation, and ...
1d
Wells Fargo asset cap could be removed next year, Reuters reports
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing ...
1d
Done Deals: Old Town gets new toy shop, Wells Fargo gets new look
Bugzby’s Toy Shop opened in Old Town on Nov. 9. The Toy Shop at 2043 South Plaza St. features a courtyard, lending library, ...
4d
Wells Fargo's Preferred Shares Offer A Reliable 6.1% Dividend Yield
Discover why Wells Fargo's Series L preferred shares are a preferred investment choice with low call risk and potential for ...
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