11:07 AM EST, 11/26/2024 (MT Newswires) -- Shares of General Motors ( GM ) , Ford Motor ( F ) and Stellantis ( STLA ) fell in recent trading Tuesday after President-elect Donald Trump stated his intention to levy additional tariffs on Mexico, Canada and China, Bloomberg reported Tuesday.

In posts on Truth Social, Trump vowed to impose additional 10% tariffs on goods from China and 25% on all products from Mexico and Canada.

The stock prices of General Motors ( GM ), Ford and Stellantis ( STLA ) were down 7.7%, 1.9% and 4.4%, respectively, at 11 a.m. ET.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 55.65, Change: -4.55, Percent Change: -7.56