The Latest “Buzz on the Street” Show: Featuring Trade War Cease Fire

FinancialBuzz.com’s latest Buzz on the Street: Trade War Cease Fire Between President Trump and Xi Jinping

Honda Motor Company, Ltd. (NYSE: HMC) is a Japanese public multinational conglomerate corporation primarily known as a manufacturer of automobiles, aircraft, motorcycles, and power equipment.

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand.

Volvo Cars , stylized as VOLVO in the logo, is a Chinese-owned, Swedish luxury vehicles company. It is headquartered on Torslanda in Gothenburg and is a subsidiary of Chinese automotive company Geely. The company manufactures and markets sport utility vehicles, station wagons, sedans and compact executive sedans.

Tesla, Inc. (NASDAQ: TSLA) is an American automotive and energy company based in Palo Alto, California. The company specializes in electric car manufacturing and, through its SolarCity subsidiary, solar panel manufacturing.

Auto Stocks had shot up at the market’s open on December 3rd after President Trump had tweeted about a deal, arrived at the G20 summit, involving the reduction of auto tariffs by China. However, when news broke out that there is no deal actually in place and only negotiations to reach said deal, investor confidence fell, as did most car manufacturer stock prices. One of the outliers in this in this drop is Tesla, which held steady even after the trade deal turned out to be a bust.

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6 Comments
  1. Sandy L. 6 days ago
    Reply

    only temporary relief imo, more blood coming

    • Chad Shoop 6 days ago
      Reply

      If #China and the U.S. can’t find common ground on a trade deal, and the fallout of the talks brings fuel to the fire of a #tradewar, it’s “look out below” for the stock market.

  2. Allen Patrelli 6 days ago
    Reply

    The trade war is what we’ve been in for decades. Tariffs are bargaining tools & T is using them wisely. It helps all of us by bringing production jobs to OUR country & making trade fairer for our country-sustainability & more independence is the goal!

    • Charlie Fenilos 6 days ago
      Reply

      The #tradewar has so far not brought about any changes in China’s economic policies. It has actually increased the American trade deficit with China. But it has slowed down China’s industrial growth

  3. Linda Fang 5 days ago
    Reply

    If #China and the U.S. can’t find common ground on a trade deal, and the fallout of the talks brings fuel to the fire of a #tradewar, it’s “look out below” for the stock market.

  4. Adam Tonelson 3 days ago
    Reply

    #TradeWar ceasefire better than expected. Firms may use the 90-day period to accelerate exports and seek non-Chinese sources of supply

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