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Auto Parts Stocks For Investors Seeking Shelter From US Canada Tariff Risk
With the U.S. threatening tariffs of up to 50% on a wide range of Canadian exports and auto makers already warning that current trade frictions sit above typical 6% margins, investors are watching auto parts stocks closely. Rapid shifts in cross border costs can reshuffle which companies bear the strain and which are relatively shielded. This article looks at three U.S. listed auto parts stocks that are more directly exposed to this trade story.
The stocks highlighted below are just a sample...