Auto Stocks Rally After Trump Says He’s Considering Giving Help to Automakers

The president recently implemented 25 percent tariffs on automobiles manufactured outside the United States.

Traders work on the floor of the New York Stock Exchange during morning trading in New York on April 14, 2025. Adam Gray/Getty Images

Shares of automakers surged by more than 3 percent after President Donald Trump hinted that he could offer “help” to car companies.

Speaking to reporters from the White House on April 14, the president said he may assist automakers in making the tariff-driven transition from Canada, Mexico, and other foreign markets.