STLA
3 deep-dives · 7 policy notes
What has moved STLA
8 dated calls from the policy coverage · 1 positive · 5 negative · 2 watch
- Negative2026-10-19inferred
Stellantis is the most France-exposed listed automaker, and domestic disruption lands directly on registrations and production days
Policy Pulse - Global Spillover - 19 Oct 2026 - Negative2026-10-19inferred
All three build in Mexico and Canada and had been pricing a reduction in the 25% vehicle and 50% metals duties; the stall leaves the current cost stack in place
Policy Pulse - Trump / US Watch - 19 Oct 2026 - Positive2026-10-16inferred
A 90% target with no offset requirement and renewable-fuel credits is the regulatory flexibility the German premium brands asked for, and it extends the economic life of their existing combustion platforms
Policy Pulse - Global Spillover - 16 Oct 2026 - Negative2026-10-16inferred
All three assemble in Mexico and had been pricing in a reduction of the 25% vehicle tariff; a stalled deal leaves the current landed cost in place through at least the next negotiating window
Policy Pulse - Trump / US Watch - 16 Oct 2026 - Watch2026-10-01
Canada's retaliatory posture and the US import bans on Canadian alcohol, motorcycles and dairy run through integrated North American supply chains. A Canada-India deal by year end is a separate and smaller channel
Policy Pulse - Global Spillover - 01 Oct 2026 - Watch2026-09-30
Motorcycles are banned but motor vehicles are only subject to scope changes; watch whether the July 20 product list is widened into four-wheelers
Policy Pulse - Trump / US Watch - 30 Sep 2026 - Negative2026-09-11
Auto and parts remain squarely inside the Section 338 scope regardless of USMCA content
Policy Pulse - Trump / US Watch - 11 Sep 2026 - Negative2026-09-10
The deepest cross-border manufacturing exposure of any S&P sector: Canadian-built vehicles and parts face tariff and scope risk both ways
Policy Pulse - Trump / US Watch - 10 Sep 2026
Deep-dive research
Policy Pulse — Global — 21 Jul 2026
🌍 Hormuz crisis: Day 9 of US strikes on Iran, Houthis blockade Saudi, Brent at 9.22, US gas at /gal. Canada hit with 50% Section 338 tariffs on 0B of goods. Section 122 expires in 3 days (Jul 24). Impact: 🟢 BUY XOM, CVX, OXY, WMT, TGT, COST, TSLA, MP | 🔴 SELL DAL, UAL, AAL, CCL, STLA
Policy Pulse — Trump/US Watch — 21 Jul 2026
Trump's portfolio beats S&P (37.3% vs 23.5%); Canada slapped with 50% Section 338 tariffs on autos/booze/dairy; Defense Supply Chain EO cuts China waivers. Section 122 expiry in 3 days. Impact: 🟢 BUY GOOGL, AAPL, NVDA, PLTR, XOM, WMT, TGT, MP | 🔴 SELL DAL, UAL, STLA
Policy Pulse — Trump / US — 02 Jul 2026
USMCA not renewed → F, GM, STLA sell; NUE, X, CLF buy (domestic steel). USTR Section 301 forced labor tariff hearings Jul 7 → WMT, TGT sell (import exposure). LNG permits fast-tracked → LNG, XOM, KMI buy. US stocks only analysis.
Mentioned in Policy Pulse
Policy Pulse - Global Spillover - 19 Oct 2026
The waiver suspended China's exposure on the same terms as India's and left the statutory machinery delegated to the USTR, while INTC rose 4% on a JPMorgan upgrade and STLA bore the brunt of French protests that took the DAX down 1.39%.
Policy Pulse - Global Spillover - 01 Oct 2026
G20 trade ministers endorsed a Milwaukee Framework on steel overcapacity as Greer put the MFN principle itself up for review, while a Section 301 overcapacity probe covering 16 economies including India remains the unexercised risk to SUNPHARMA, WELSPUNLIV and BHARATFORG. Brent went back above $100 on China's fuel-export halt, lifting XOM and CVX against DAL and CCL, the US 10-year held near 5.28% after its biggest quarterly gain since 1994, and Micron's blowout quarter drove a 2.9-3.3% Nikkei rally.
Policy Pulse - Trump / US Watch - 30 Sep 2026
Core PCE cooled to 3.0% and cut the priced odds of an October hike from 71% to 35%, sending short-dated yields lower and equity indices higher, while the Section 301 forced-labour tariffs - 10-12.5% on 86 countries covering 99.4% of US imports - went before the Court of International Trade and Trump credited a $15bn Iowa steel mill to his 50% steel tariffs. Canada's $1bn alcohol and dairy import ban is live, and the July 278-T showed 1,156 trades including Strategy bought at the 2026 lows.
Policy Pulse - Trump / US Watch - 11 Sep 2026
August CPI matched at 3.4% y/y but core ran 0.3% m/m, holding September Fed hike odds near 60% and the 10-year near 4.95% - a headwind for NVDA, MU and INTC into ORCL's AI cloud beat. Trump's USD 5,000 dividend pledge costs an estimated USD 1.2-1.35 trillion (TLT risk, GLD bid) and Canada's Section 338 scope changes land September 15 (F, GM, STLA).
Policy Pulse - Trump / US Watch - 10 Sep 2026
Hot August PPI (headline +5.4% y/y, energy +4.2%, diesel +24.1%) and crude back above USD 100 pushed the 10-year to a 2023 high and September hike odds near 66%. Trump's top-9 energy holdings gained USD 1.5-4.4M during the Iran war (CVX, COP, XOM, OXY); Canada tariffs escalate to import bans on dairy, alcohol and motorcycles (F, GM, STLA, HOG) while aluminium bars and rods face 50% (AA).
Policy Pulse — Global Spillover — 26 Aug 2026
US-Canada trade war threatens North American supply chains; Hormuz remains two-way risk; G20 Trade Ministerial preview
Policy Pulse — Trump/US — 26 Aug 2026
Trump invokes Section 338 for 50% Canada tariffs; New disclosure reveals SpaceX investment, heavy buying of HD, MA, V, BRK.B