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07:47 EDT Week in review: How Trump's policies moved stocks - Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. GOOGLE SEARCH 'RIGGED': On Tuesday, President Donald Trump tweeted that Google (GOOG; GOOGL) search results for "Trump News" are "RIGGED, for me & others, so that almost all stories & news is BAD," calling it a "very serious situation" that "will be addressed!" Late in the day, the President doubled down on his comments and broadened his criticism, stating that not only Google but also Facebook (FB) and Twitter (TWTR) "have to be careful." In response, Google said that its search "is not used to set a political agenda." "We continually work to improve Google Search and we never rank search results to manipulate political sentiment," a company statement said. 2. 'FAKE NEWS MEDIA': In a series of tweets on Thursday, President Donald Trump said, "The hatred and extreme bias of me by @CNN has clouded their thinking and made them unable to function. But actually, as I have always said, this has been going on for a long time. Little Jeff Z has done a terrible job, his ratings suck, & AT&T should fire him to save credibility! What's going on at @CNN is happening, to different degrees, at other networks - with @NBCNews being the worst. The good news is that Andy Lack(y) is about to be fired(?) for incompetence, and much worse. When Lester Holt got caught fudging my tape on Russia, they were hurt badly! I just cannot state strongly enough how totally dishonest much of the Media is. Truth doesn't matter to them, they only have their hatred & agenda. This includes fake books, which come out about me all the time, always anonymous sources, and are pure fiction. Enemy of the People!" NBCUniversal is a subsidiary of Comcast (CMCSA) while AT&T (T) acquired CNN via its acquisition of Time Warner. 3. CHINA TARIFFS: President Donald Trump would like to move ahead with imposing tariffs on $200B in Chinese imports as soon as a public-comment period concludes next week, according to a report by Bloomberg on Thursday, citing six people familiar with the matter. The publication noted that while some of the sources cautioned that Trump has not made his final decision, it is possible the president could announce the tariffs next week. 4. NEW NAFTA: The week started off with the announcement of a new U.S.-Mexico trade pact. According to The Wall Street Journal, President Trump's new free trade pact with Mexico provides clarity in the auto industry after a drawn-out trade dispute, requiring 40%-45% of a vehicles content to be made in either the U.S. or Mexico and by workers making at least $16 an hour. Manufacturers that don't fit that criteria will pay a 2.5% tariff on vehicles moving across the border. On Tuesday, Reuters also reported that the proposed bilateral trade agreement contains a cap on Mexican-made autos entering U.S. markets and would allow the U.S. Trade Representative to impose a 25% tariff beyond 2.4M units of incoming sedans/SUVs, and auto parts. The report added that this restriction is part of a "previously unreported side agreement," though no details of the agreement have been "officially" released. Trade negotiations between the U.S and Canada were ongoing on Friday, the countries' self-imposed deadline to reach a replacement NAFTA deal. Publicly traded companies in the auto space include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). "Week in Review" is The Fly's weekly recap of its recurring series of "Trump Effect" exclusive stories.
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