Traders debate which automakers can overcome trump's potential border tax

Traders debate which automakers can overcome trump's potential border tax

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The "Fast Money" traders debated Thursday what is the best play in the auto space, amid tweets from Donald Trump threatening to impose an import tariff to prevent jobs moving to


Mexico and other low-cost countries. Earlier on Thursday, Trump rebuked Toyota Motor on Twitter after the Japanese automaker said it had no plans to curb production in Mexico. Toyota shares


ticked lower after the tweet, hitting a session low of $120.32. The stock ended the session slightly above that level at $120.44. The president-elect has previously threatened General Motors


with a border tax, something he argues will encourage companies to keep production in the United States, creating more jobs for Americans. Opponents argue that an import tariff could lead


to skyrocketing costs for the American consumer. Trader Tim Seymour said the relatively tempered move in Toyota Motor was "rational" for the market. If investors are looking for


something in to auto sector, trader Pete Najarian said to look at Goodyear Tire. He said the company benefits from consumer trends favoring vehicles with larger tires. Trader Dan Nathan said


that one potential headwind for California-based Tesla Motors is the pressure to meet demand for its low-cost Model 3. He said he's not sure if the company can produce the car, meet


its delivery targets and keep the $35,000 price tag. DISCLOSURES: _KAREN FINERMAN_ _Karen Finerman is long AAL, BAC, BAC short calls, C, DAL, FB, FL, GLMP,, GOGO, GOOG, GOOGL, JPM, LYV,


KORS, KORS calls, KORS puts, M, MA, SEDG, SPY puts, TACO, UAL, URI, WIFI long call spreads. Her firm is long ANTM, AAPL, BAC, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, M, MOH,


PLCE, SPY puts, URI, WIFI. Her firm is short IWM, MDY. Finerman is on the board of GrafTech International._ _PETE NAJARIAN_ _Pete Najarian owns calls: AKS, BLL, BVN, BZH, CCL, CNX, DVN, ETP,


GDX, GILD, HA, HRL, KORS, INTC, JBLU,KKMB, LVS, MT, NEM, P, RIO, TLT, TV, UUP, XLF, WFT, WLC. He is l__ong stock: AAPL, BAC, BLL, DIS, DISCA, GE, GILD, HD, INTC, JWN, KMI, KMIA, KO,KORS,


LVS, MRK, MSFT, PEP, PFE, WYNN, XLNX. Najarian has p__uts: GGP, PJC, X._ _DAN NATHAN_ _Dan Nathan is __long __XHB Jan put spread, XLK Jan Put spread, XRT Jan put spread, MCD Feb puts, XLI


Feb put spread, FXI Feb put spread._ _TIM SEYMOUR_ _Tim Seymour is long ABX, APC, AVP, BAC, BBRY, C, CLF, CVX, DO, DVYE, EDC, EWN, EWZ, F, FB, FCX, FXI, GM, GOOGL, GE, INTC, LQD,MCD, MUR,


OIH, PG, RACE, RAI, RH, RL, SINA, SQ,T, TWTR, VALE, VZ, XOM, short: EEM, SPY, XRT. Her__ firm is long ABX, BABA, BIDU, CBD, CLF, EEM, EWZ, F, KO, MCD, MPEL, NKE, PEP, PF, TCEHY, SAVE, SBUX,


SINA, VALE, VIAB, WMT, WEN, X, YHOO, short EWG, HYG, IWM._