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?