Trade tensions are escalating around the world, and Jefferies warns that certain stocks could be hit particularly hard. The White House said President Donald Trump said in a post about the Truth Society that the United States will impose reciprocal tariffs on goods from countries that impose U.S. products. This comes after the announcement of tariffs on China, Mexico and Canada in early February. The responsibilities of the latter two countries were quickly implemented for a month. Manufacturers with U.S. sales exceeding their U.S. assets seem more likely to face pressure from tariffs, according to Jefferies. With that in mind, the company screened a list of U.S. stocks that comply with the following criteria: Market capitalization exceeds $5 billion, U.S. sales above $5 billion: More than 20% U.S. production deficit: U.S. sales are 10% larger than the company’s U.S. The above assets are some of the names on the list: Apple is the only “outstanding seven” stocks on the Jefferies list. Since iPhones are produced and assembled outside the U.S. at a sales level of 36.4%, Jefferies noted that the company’s asset exposure to the U.S. is not important. So far, the stock has fallen 3.7%. The stock lost more than 3% on February 3, when Trump announced a 10% tariff on China. Apple’s pullback on the day was steeper than all other Megacap technology names except Tesla, highlighting the company’s impact on higher import costs and global supply chains. AAPL YTD Mountain Apple’s 2025 Micron Technology’s 2025 Stock Stocks is another name that could be hurt by tariffs. The company has 52.4% of sales in the U.S. but 16.1% of assets in the country. The stock’s start to 2025 and has grown more than 12% so far. According to Jefferies, Beer and Spirits Company Constellation Brands also has the risk of taxes. Constellation has a brand license to import, market and sell Mexican beers such as Corona and Modelo. Nearly 98% of zodiac sales are in the U.S. market, but only 16.2% of assets are exposed to the U.S., and the stock is also one of the names of Trump’s announcement of tariff plans against Mexico. Stocks have fallen more than 3.5% so far from February 3, with the zodiac sign falling by 26.4%. STZ YTD Mountain Constellation Brand in 2025
ABOUT US
Our news website delivers comprehensive coverage on US news, economy, politics, and world events, ensuring you stay informed on the latest developments. We provide timely and accurate news to keep you updated on the most important stories. Stay connected with us for in-depth analysis and breaking news from around the globe.
Contact us: contact@realtimeheadlines.com
© Real Times Headlines - 2024 | All Rights Reserved