Automotive stocks: The effect of tariffs on shares of popular automakers

Automotive stocks: The effect of tariffs on shares of popular automakers

Audley C Bullock // Shutterstock Automotive stocks: The effect of tariffs on shares of popular automakers The Trump administration announced on March 26 a 25% tariff on imports of automobiles and certain automobile parts, aiming to bolster U.S. manufacturing and protect national security. Unsurprisingly, it sent shockwaves through the automotive industry and financial markets—consumers rushed to buy cars ahead of potential price hikes, and inves…

The car purchases in the USA are currently attracting a lot. But with the short boom it is likely to be over soon in view of the customs chaos. Already now it is clear which manufacturers are the most pressured. German car manufacturers are hit virtually on every front.

The automotive sector, the Kingdom's leading exporter, continues its performance and continues its path towards technological upscaling.The post-exporting industries: the car performs, waiting for Trump's surtaxes appeared first on LesEco.ma.

US President Donald Trump mentioned a possible further suspension of car tariffs following the imposition of 25% customs duties on imports of vehicles and parts earlier this month

The 25 per cent tariff still applies to the automotive sector, a blow for maques that could have an impact on the American portfolio.

Channel C Trump's tariffs impact the automotive sector with layoffs and suspensions: What happens in Argentina? Donald Trump's tariff policy is causing a crisis in the U.S. automotive industry. The 25% tariff on vehicles imported from Canada and Mexico is causing massive layoffs and plant closures, affecting thousands of workers. General Motors, for example, ceased production at his plant in Ingersoll, Ontario, due to low demand and the effects …