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  5. ASTL: Given the chance of a second Trump Presidency and the likelihood of tariffs, loss of democracy and full on graft and favouritism what Canadian companies are likely to thrive or at a minimum survive? [Algoma Steel Group Inc.]

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Q: Given the chance of a second Trump Presidency and the likelihood of tariffs, loss of democracy and full on graft and favouritism what Canadian companies are likely to thrive or at a minimum survive? Is there a defensive strategy that would work for either result in the election or is it one direction with Trump and another with Biden?
Asked by Stephen on May 22, 2024
5i Research Answer:
Industrial companies with US revenue may be at some risk, such as steel producers STLC, ASTL....
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