Yahoo Finance

President Trump is readying an announcement on auto tariffs as soon as today, Josh Wingrove and Joe Deaux of Bloomberg report, citing people familiar with the matter. Trump told reporters earlier this week that he would detail the auto levies in the coming days, Bloomberg notes. The level and scope of the auto tariffs are not clear, it adds. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).

Light Up your Portfolio with Spark:

• Easily identify stocks' risks and opportunities.

• Discover stocks' market position with detailed competitor analyses.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on F:

Disclaimer & DisclosureReport an Issue

• Unusual put flow in option market yesterday

• Megaspread in Ford puts on Cboe closes long put position for a loss

• Charged: Musk holds all-hands meeting, Tesla recalls Cybertrucks

• The Mustang is Out to Pasture? Ford Stock (NYSE:F) Slips in Response

• EU new car registrations down 3% in February year-to-date