Reported 2 days ago
Stellantis Chairman John Elkann urged former President Trump to maintain tariff-free trade with Mexico and Canada, warning that proposed 25% tariffs could harm profitability as the company faces challenges in recovering from a difficult 2024. Elkann emphasized that closing loopholes for vehicle imports without U.S. content requirements would create more jobs and investments in American manufacturing, aligning with similar concerns voiced by other automaker executives.
Source: YAHOO