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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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Market Shake-Up: NIO Soars While Stellantis Takes a Dive

 Gapping Up:

  • NIO Inc (NIO.US): Stock surged 14.4% after the Chinese electric vehicle manufacturer announced a significant $2 billion cash boost from existing shareholders.

  • CVS Health (CVS.US): Stock increased by 3.2% following reports that Glenview Capital, a major shareholder, is set to discuss potential business improvements with CVS's management.

  • AT&T (T.US): Stock rose by 1.1% after revealing plans to sell a 70% stake in DirecTV to TPG, a private equity firm, for $7.6 billion.

  • Autodesk (ADSK.US): Stock climbed 0.8% after Morgan Stanley upgraded the software company to "top pick," highlighting expected accelerations in EPS and revenue growth alongside its appealing valuation.

Gapping Down:

  • Stellantis NV (STLA.US): Stock plummeted 13.4% after the auto giant cut its annual forecasts and announced higher-than-anticipated cash burn, citing worsening industry trends and costly overhauls of its U.S. operations amid intensifying competition from Chinese electric vehicle makers.

  • Ford Motor (F.US): Stock fell by 3.3%, while General Motors (GM.US) saw a decline of 4.1%, impacted by Stellantis' remarks regarding the surge of Chinese competition in the market.

  • Boeing (BA.US): Stock dipped 0.9% following news that pay deal discussions with the International Association of Machinists and Aerospace Workers had broken off, with no further negotiation dates set.

  • Procter & Gamble (PG.US): Stock declined 0.7% after Barclays downgraded its rating to "equal weight" from "overweight," pointing to the company’s significant exposure to markets experiencing slow growth or decline, particularly in China.

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