Geopolitics Alpha

Canada unveils $6.2bn plan to shield manufacturers as US tariffs bite

Published . Updated .

Canada unveils $6.2bn plan to shield manufacturers as US tariffs bite

Prime Minister Mark Carney said the Trump tariffs make both US and Canadian industries weaker and reduce choice for households in both countries.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLE Energy Select Sector SPDR

    Energy prices move when sanctioned supply is blocked

  • USO United States Oil Fund

    This fund moves with oil prices

  • XOM Exxon Mobil

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron

    Oil producers move when sanctioned barrels leave the market

  • AAPL Apple

    Sales and supply chains are exposed to a new tariff

  • NKE Nike

    Sales and supply chains are exposed to a new tariff

  • SLB SLB

    Oilfield work in sanctioned regions can be cut off

  • GLD SPDR Gold Shares

    Gold is a usual haven when a conflict or sanction escalates

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • SPY SPDR S&P 500

    The broad market moves when a major sanction lands

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLE———————
USO———————
XOM———————
CVX———————
AAPL———————
NKE———————
SLB———————
GLD———————
LMT———————
SPY———————

Canada unveils $6.2bn plan to shield manufacturers as US tariffs bite Euronews.com

Source: euronews.com

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12 out of 100

“Canada unveils $6.2bn plan to shield manufacturers as US tariffs bite” scores 12 out of 100. The score uses 1 sources.