Trump's autos tariffs are a 'nightmare' scenario: Bernstein

A fatal blow to the US car market, with consumers facing an additional cost of tens of thousands of kronor. This will be the consequence of President Donald Trump's latest tariff moves, says automotive analyst Hampus Engellau. If they become reality, that is.

Trump's autos tariffs are a 'nightmare' scenario: Bernstein

Stephen Reitman, head of European Automotive Research at Bernstein, says that U.S. President Donald Trump's autos tariffs are a "nightmare" scenario for carmakers.

For the automotive industry, it's a big blow: US President Donald Trump wants to impose 25 percent tariffs on imported vehicles. Countries affected sometimes respond with clear warnings.

Former big tech CEO issues grave warning on the impact of tariffs

Trump's economic policy plans may overlook some key details.

President Trump on Thursday threatened the European Union and Canada to impose additional customs duties. Meanwhile, the commercial tariffs introduced on foreign cars imported into the US starting from April 2 have hit the stock market hard. All automotive titles have been affected

INEOS Automotive statement on the US tariffs announcement

LONDON, March 27, 2025 /PRNewswire/ — We are outraged that the tariff situation with the US has been neglected by the EU.   President Trump has been very clear on his intention to implement tariffs on the auto industry. He has been asking for fairness and reciprocity and yet European leaders have not come to the table […]