Avoid these 3 auto stocks as Trump threatens 50% Canada tariffs
Three auto manufacturers—Magna International, Ford, and Stellantis—could suffer significantly if Trump imposes 50% tariffs on Canadian vehicles and parts. Magna, headquartered in Canada, is the most exposed due to its extensive Canadian manufacturing and debt-heavy balance sheet. Ford, heavily reliant on Canadian production, is also highly vulnerable, with negative earnings and 461% debt-to-equity.
Stellantis, while less directly exposed, still faces risks due to declining revenue and negative net margins. GM is the least immediately at risk, but its 215% debt-to-equity and declining revenue make it the weakest of the group.
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