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Trump’s Tariffs Shake Auto Market as Investors Brace for
Published : 04-04-2025 - Duration : 00:55 - View : 160
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The full impact of President Trump's 25% tariffs on imported vehicles will unfold gradually, according to CNBC. The 25% tariffs apply to vehicles not assembled in the U.S., which made up 46% of the cars sold domestically last year. No vehicle is entirely U.S.-made, as even those assembled domestically rely on parts sourced from a global supply chain. Bernstein says U.S.-assembled vehicles still rely heavily on imported content, leaving major automakers like Ford vulnerable to the new tariffs. GM is expected to be the most exposed among Detroit automakers due to its high import rate and low domestic parts content. Analysts and investors are bearish on the tariffs, warning they could severely damage earnings and push the auto industry into a recession. For more coverage on tariffs and how they impact your portfolio, visit benzinga.com.
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