Trump election brings trade uncertainties for automotive companies #DetroitNews
Dustin Walsh - The stock market rose sharply Wednesday after a wild decline and increase Wednesday following Donald Trump’s victory in the presidential election. But that stability left local automotive stocks behind. Trump’s platform on trade — scrapping or renegotiating the North American Free Trade Agreement and imposing a 35-percent tariff on cars imported from Mexico — that has Wall Street skittish on autos. For instance, Lear Corp. lost nearly $500 million in market value infrom Latest News - Crain's Detroit Business
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