Story perspectives
Modine Stock Dips Amid Leadership Shakeup and Tariff Woes
10/19/2025
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Story summary
- Modine Manufacturing stock declined 4.14% amid leadership changes and market uncertainty.
- A 25% tariff on medium and heavy-duty trucks in November 2025 could worsen pressures.
- The International Monetary Fund (IMF) reports the global economy showed resilience in early 2025 despite trade turbulence, with growth slowing in major trading partners.
- GDP growth in the United States is expected to decelerate to 2% in 2025 due to weaker consumer spending.
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