Trump threatens GM with a "big border tax" — the stock barely flinches
Jan 3, 2017: Trump threatened a "big border tax" on General Motors over a Mexican-made Chevy Cruze. Unlike the defense-stock cases, the market shrugged — GM (GM) dipped less than 1% in premarket trading and recovered the same day, partly because only about 4,500 of those hatchbacks were actually sold in the U.S. in 2016. The honest counter-example: a presidential attack does not automatically move its target, and this desk shows the misses alongside the hits. (Sources: CNBC, CNN Money, Reuters,