TRUMP AND HIS TARIFFS IMPACTING THE AUTO INDUSTRY Trump's tariffs on…

· Feb 19

TRUMP AND HIS TARIFFS IMPACTING THE AUTO INDUSTRY

Trump's tariffs on car imports may hit Volkswagen, Hyundai, Kia, BMW and Mercedes the hardest due to their high dependence on exports to the U.S.
Ford and General Motors could face financial repercussions even though they produce most of their vehicles in North America
Tesla will avoid tariffs because it manufactures all of its cars for the US market in the US, giving it a competitive advantage
Investors are watching the potential impact of the tariffs, with some car companies facing billions of dollars in losses, while new car prices could rise by 4 to 10%

What do you think overall of Donald's introduction of tariffs?

Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity

I have $P911.DE in my portfolio and that may be a pretty big deal for them, but I'll still hold.

I think it's just the kind of brand that might not be completely affected, after all it stands out from the more accessible and commercial brands.

For European cars, this is just another problem. I'd rather focus on $TSLA or $BY6.F now.

Do you think it will support these companies?

We'll see how this continues, but this could be a very big problem for European carmakers in the long term.

I see it the same way, unfortunately...