The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1540 GMT--Canada's auto-parts makers are some of the hardest hit stocks on the TSX as President Trump threatens 50% tariff on the country's auto sector. Trump is planning to impose 50% tariffs on automobiles and parts from Canada starting in January 2027. The escalation comes after cross-border trade talks collapsed over the weekend after the U.S. added last-minute requests to a nearly completed deal. U.S. tariffs on Canadian automobiles now stand at 25%, with discounts for the U.S. content in cars, while steel tariffs are at 50%. Magna International, the largest auto-parts maker, is down 4%, while Linamar declined by 4.9%. Martinrea International shares are down 6.3%. (adriano.marchese@wsj.com)

1424 GMT - Heavyweight industrial and export-focused Canadian names are bearing the brunt of a sell-off as markets digest U.S. cross-border supply chain disruption. Among the biggest decliners are manufacturing and auto-parts stocks like Magna International, Linamar and also transformers and electrical equipment manufacturer Hammond Power Solutions, all of which face immediate headwinds under the non-CUSMA content penalties. Aerospace, materials and tech growth plays are also pulling back, including business-jet maker Bombardier, BlackBerry, specialty semiconductor producer 5N Plus and satellite maker MDA Space. Toronto indexes, however, remain flat as gains in mining, metals and financials offset the pressure. (adriano.marchese@wsj.com)

1022 GMT - Corn contracts rise to their highest levels since July 2023 amid concern around pressures in the Black Sea and lower-than-expected U.S. yields. "U.S. corn estimates pointed to lower corn yields, while continued attacks in the Black Sea disrupted exports," Rabobank analysts write. U.S. agricultural group Pro Farmer estimated Friday the 2026 U.S. corn crop will come in at 15.344 billion bushels amid inconsistent field performance, with yields at their lowest level since 2020. Meanwhile, Ukrainian President Volodymyr Zelensky said Russia refused a truce that would halt attacks against ships carrying grains through the Black Sea. Front-month corn contracts jump 2.65% to $5.22 a bushel, up around 26% from the contract's June lows. (josephmichael.stonor@wsj.com)

1000 GMT - Morgan Stanley raised its Brent crude forecast for the fourth quarter, saying it sees prices peaking at $100 a barrel as a slower Middle East supply recovery leaves the oil market in deficit through the first quarter of next year. "Crude is tightening. Recent weeks have seen one of the sharpest declines in oil-on-water, whilst onshore inventories are declining as well, including in China," analysts at the bank say. Morgan Stanley now expects the recovery in Middle East supply to extend well into 2027. Meanwhile, releases from the U.S. Strategic Petroleum Reserve are slowing and could end after September, while Chinese crude buying has stabilized and could strengthen, according to the bank. (giulia.petroni@wsj.com)

0927 GMT - Ryanair is more insulated than most of its competitors against a weak market given its stronger balance sheet, margins and fuel hedging, Citi's Conor Dwyer writes. "The harder the winter becomes, the greater the pressure on these carriers to reduce capacity, close routes or accept further financial strain," Dwyer says. He adds that competitive pressures are likely to ease next year and that buyback talk could restart. Citi has a buy rating on the stock and a 31.50 euro target price. Shares are up 0.9% at 23.25 euros. (ian.walker@wsj.com)

0825 GMT - Singapore's planned major infrastructure and construction projects could serve as a critical rerating catalyst for the construction sector, say OCBC Group Research analysts in a note. The city-state is planning large-scale land reclamation and infrastructure projects, such as the merger of several islands, its prime minister said in a speech Sunday. These moves could support the construction and building materials sector as they extend the pipeline of large public-sector civil works into the next decade, the analysts note. Building materials suppliers such as Hong Leong Asia and Pan-United Corp. are likely to be early stage beneficiaries of land reclamation, while downstream builders like Boustead Singapore could get an eventual boost from larger public-sector infrastructure tenders. (megan.cheah@wsj.com)

0653 GMT - SATS Ltd.'s softer profit after tax and minority interests in 1Q masks its resilient operations, say CGS International's Tay Wee Kuang and Lim Siew Khee in a note. The Singapore air-cargo handler's 1Q PATMI grew 5.9% on year, softer than expected, thanks partly to higher operating expenditure, they note. However, margin pressures in the quarter are likely transient, and the company's cost structure should normalize and result in improving profitability, the analysts say. They also see brighter prospects for SATS's food solutions business in 2H FY 2027 as its Thai central kitchen expands capacity. CGSI retains its add rating and 5.20 Singapore dollar target price. Shares rise 1.0% to S$4.11.