Industrials Advance as Tariff Threats Taken With Pinch of Salt - Industrials Roundup

Published: 2025-07-08 17:44:15 ET HON

Published on 07/08/2025 at 17:44

Shares of industrial and transportation companies ticked up as traders took President Trump's latest tariff threats with a pinch of salt.

It has become an article of faith among stock traders that President Trump's bark is worse than his bite on tariffs.

"The administration's revealed preference has been to talk tough but, especially since the market meltdown in April, to shy away from any follow-through that puts market sentiment at serious risk," said analysts at research firm Capital Economics.

Industrial conglomerate Honeywell International has started evaluating strategic alternatives for two of its business units, as it seeks to streamline its operations ahead of a split into three companies. Honeywell's planned move follows successful splits by German rival Siemens and General Electric, and could signal the end of the diversified industrial conglomerate era in the U.S. and Europe.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

07-08-25 1743ET