Automotive
Automakers anticipate regulatory relief, such as the rollback of emission standards, which could allow companies like Ford, GM, and Stellantis to sell less fuel-efficient vehicles without penalties. Tariffs on Mexican imports, however, remain a concern, as they could disrupt operations and increase costs.
Companies would likely pass these costs to consumers, who already face high vehicle prices. Additionally, potential cuts to EV tax credits may slow electric vehicle adoption.
Banking
Banks are expected to gain from Trump’s possible easing of financial regulations, a shift likely to encourage lending and support for investment banks like Goldman Sachs.
According to Mike Mayo from Wells Fargo, Trump’s policies could reduce regulatory burdens for banks, potentially reviving deal-making and facilitating mergers, such as the pending Capital One-Discover deal. Regional banks could also benefit if economic growth spurs small business creation.
Construction
Construction companies may see mixed results, with relaxed regulations potentially aiding development while higher material costs pose challenges.
