The latest trade news out of the nex💎t Trump administration has markets on the move, hitting big automakers’ shares and the stocks of America’s neighbors. 

Canadian and Mexican stocks were sliding Tuesday following the news that President-Elect Donald Trump said he would impose stiff tariffs on imports from those countries. The iShares MCSI Mexico (EWW) and Canada (EWC) ex🌄change-traded funds were recently off nearly 3% and 1%, respꦗectively. 

European indexes were mostly lower in recent action. The S&P 500 澳洲幸运5官方开奖结果体彩网:was recently higher.

Among the stocks reacting to the news: some big global automakers. General Motors (GM), which makes many of its vehicles in Mexico, were recently off more than 8%, while Ford (F) shares fell 2.5%. Stellantis (STLA) fell more than 5%. Volkswagen a𓆏nd Porsche were each down a🌊bout 2% in German trading.

The Me෴xican peso and Canadian dollar weakened against the U.S. dollar. 

Trump also said he plans an add🍃itional 10% tariff on goods from China. The Nasdaq Golden Dragon index of U.S-listed Chinese shares was receღntly off about 1%.