Francesca Fontana

speaker
2,691 appearances 52 recordings 1 series first heard Aug 2017 last heard Feb 2025

Francesca Fontana’s voice in public audio — every appearance, attributed to the second.

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Well, we got a sneak peek on Monday by looking at which were reacting to the latest tariff moves from the White House.
In case you missed it, the U.S.
struck last-minute deals with Mexico and Canada to delay new 25% tariffs, while proceeding with an additional 10% tariff on China that went into effect Tuesday.
China hit back with retaliatory tariffs that will start on Monday.
So what stocks are moving on this?
First, automakers.
Ford and General Motors use Mexico and Canada as a manufacturing base for the U.S.
and may have to really scramble to adjust their supply chains.
Then there's the tech companies like iPhone maker Apple and chip maker Nvidia, companies whose supply chains run through China, which didn't get a delay on its levy like the other two countries.
Plus, President Trump has been threatening new tariffs on chip imports.
So we saw players in those industries moving lower during Monday's session.
We also saw the same from individual stocks like Constellation Brands.
That's the importer of Modelo and Corona beers.
And as you might guess, investors were considering the implication of Mexico tariffs on the company.
Constellation shares ended up dropping 3.5% on Monday and moved mostly lower the rest of the week.
One stock that delivered its investors good news on its trade war prospects and earnings, Mattel.
Barbies, Hot Wheels, et cetera, et cetera.
The company posted better than expected fourth quarter results, forecast higher sales and profit in 2025, and announced a stock buyback.
But wait, there's more.
The company also said it's prepared to offset any ill effects of Trump's tariff plans, in part by having a global supply chain that isn't overly reliant on any one country.
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