Week In Review: How Trump's Policies Moved Stocks - Sunday April 7th

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap compiled by The Fly:

1. AUTO TARIFFS: President Trump said that if Mexico does not help the U.S. on immigration, the U.S. will slap tariffs on cars coming from Mexico into the U.S.. If that does not work, Trump said the U.S. will close the border with Mexico. However, his border closing threat was softened from his prior statements, stating that he is now giving Mexico "a one-year warning" to address his concerns. Publicly traded automakers include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Volkswagen (VWAGY) and Toyota (TM).

2. FED CRITIQUE: President, who has previously urged the Federal Reserve to cut rates, got more aggressive with his easy money requests on Friday as he urged the central bank to return to a policy of "quantitative easing," or buying assets such as Treasury bonds and mortgage-backed securities. His increasing critiques come as he seeks approval for his two new nominees to serve on the board of the Fed, Stephen Moore and Herman Cain.

3. NEW YORK TIMES: President Donald Trump tweeted earlier this week that, "The New York Times [NYT] had no legitimate sources, which would be totally illegal, concerning the Mueller Report. In fact, they probably had no sources at all! They are a Fake Newspaper who have already been forced to apologize for their incorrect and very bad reporting on me!"

4. U.S.-CHINA TRADE TALKS: The trade agreement that the U.S. and China are creating would give the latter until 2025 to meet promises on commodity purchases and allow U.S. companies to wholly own enterprises in the Asian country, Bloomberg reported, citing three people familiar with the talks. Negotiations are continuing in Washington where Chinese Vice Premier Liu He started planned meetings with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Wednesday. On Thursday, President Trump spoke at a meeting with Liu He, saying that a trade deal with China may be reached within 4 weeks, reported Reuters. However, U.S. Trade Representative Robert Lighthizer said there were major hurdles yet to overcome, added the report.

5. FANNIE MAE, FREDDIE MAC: In a tweet earlier this week, Fox's Charles Gasparino said that, "SCOOP-@POTUS privately directs economic team to talk to Wall Street bankers and private equity execs to examine complete privatization and possible sale to @FannieMae [FNMA] @FreddieMac [FMCC].” On Thursday, the Senate confirmed Mark Calabria as director of the Federal Housing Finance Agency, the regulator of mortgage guarantors Fannie Mae and Freddie Mac.

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