US Stock Market Move | The U.S.-Canada automotive tariff dispute has resurfaced, causing Ford's (F.US) stock price to drop by 2.9%.
On Monday, the U.S. automotive sector faced pressure. As of the time of writing, Ford (F.US) shares were down 2.9%.
On Monday, the U.S. automotive sector faced pressure, with Ford (F.US) shares down 2.9% as of the time of publication. In the news, Trump threatened to impose tariffs of up to 50% on all imported cars and trucks from Canada. Trump announced that starting January 1, 2027, the U.S. will increase tariffs on all cars, trucks, auto parts, and steel from Canada to 50%. He also stated that there would be "zero tariffs" on related products produced in the U.S. Trump claimed that the U.S. "does not need Canada; Canada needs the U.S." and noted that 95% of Canadian business is related to the U.S., whereas the situation is "exactly the opposite" for the U.S.
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JIAXIN INTL RES(03858) subsidiary ZV has entered into a construction contract for the Bakuta mining project with CCECC Kazakhstan Branch.
CNGR Advanced Material (02579) will distribute a mid-term dividend of 3.8 yuan for every 10 shares on October 30.
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