Reported 5 days ago
The U.S. auto industry is bracing for significant challenges due to President Trump's impending 25% tariffs, with analysts predicting this scenario could be among the worst outcomes for automakers. The tariffs are expected to create uncertainty and have a substantial short-term impact on production and costs, particularly for companies like GM and FCA, which have a high exposure to manufacturing in Mexico, while Ford may be better positioned due to its greater U.S. production footprint.
Source: YAHOO