Autos, Chipmakers, China Stocks Brace for Impact as Tariffs Loom

Employees inspect Honda vehicles during production in Marysville, Ohio.

Photographer: Ty Wright/Bloomberg
Lock
This article is for subscribers only.

Supply Lines is a daily newsletter that tracks global trade. Sign up here.

US stocks slipped on Friday afternoon to end the day in the red, with carmakers and Chinese companies leading the decline, as the White House said President Donald Trump intends to move ahead with plans on Saturday to impose 25% tariffs on Mexico and Canada and a 10% levy on China.