Mizuho Americas director and senior analyst David Bellinger joins Asking for a Trend to discuss the impact of tariffs on auto ... all these guys advance, uh, AutoZone, O'Reilly and just the ...

Hertz and Avis shares surged as Trump's proposed 25% auto tariffs raise car prices, boosting rental demand. Auto parts firms gain, while automakers face losses.

Among auto parts retailers, O’Reilly Automotive climbed 2.8%, and AutoZone gained 3.7% ... but not in the United States, so any impact from the tariffs announcement would be an indirect one.

Wall Street is getting pulled in different directions as President Donald Trump’s latest tariff escalation pushes some automakers downward, while encouraging data on the economy helps support the market.

General Motors sank 6.8 per cent for one of the market's sharper losses after Trump announced 25 per cent tariffs on imported cars. Ford Motor dropped 2.2 per cent.

The ripple effects of President Donald Trump’s new wave of sweeping tariffs announced this week will be felt the most by lower-income Americans, who are heavily reliant on products from countries hit the hardest by Trump’s tariffs.

Other countries vowed to respond after President Donald Trump imposed higher tariffs on imports from much of the world, including many U.S. allies.