Trump Tariffs on Canada Spark Latest Lawsuit Over Trade Powers
Published . Updated .
Once again, the president’s ability to wage a trade war without Congress will come before a court that has repeatedly ruled against him.
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- AAPL Apple
Sales and supply chains are exposed to a new tariff
- NKE Nike
Sales and supply chains are exposed to a new tariff
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
- LHX L3Harris
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
Price reaction, T-5 to T+3
Once again, the president’s ability to wage a trade war without Congress will come before a court that has repeatedly ruled against him.
Source: The New York Times
How solid the defense case looks
12 out of 100
“Trump Tariffs on Canada Spark Latest Lawsuit Over Trade Powers” scores 12 out of 100. The score uses 1 sources.