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Market Chatter: Zhejiang Leapmotor Technology to Introduce Smart Vehicles to Europe Next Year
US Auto Tariff Set To Shake Industry, Job Losses Loom
Trump Announces 25% Tariffs on All Foreign-made Vehicles, Some Auto Parts
Tariff club swings towards the Autos Industry! Trump will impose a 25% tariff on automobile imports starting next week.
USA President Donald Trump signed an order to impose a 25% tariff on Autos imports, aiming to expand the trade war and create more manufacturing job opportunities in the USA.
Global Autos trade is facing a dark moment as Trump announces the imposition of the highest 25% tariffs on imported Autos.
① The President of the USA, Trump, announced that a maximum tariff of 25% will be imposed on all cars not manufactured in the USA; ② The tariffs will take effect on April 2 and will start to be collected the next day; ③ Most Auto Manufacturers' stock prices fell in after-hours trading, with Ford Motor down over 4% and General Motors down over 5%; ④ Canada and the EU have both responded.
Trump Places 25% Tariffs on All Autos Not Made in the U.S. GM, Ford, and Stellantis Stock Drop. -- Barrons.com
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Lnova : big news wow
90’s : Going to fly again?
SKYWalkers : CCP does not need BMW for AI cars, BYD etc can do it better.
so this is strange news.
it means a bigger agenda, some government level deal between CCP and Germany.
neogroup888 : tencent has moved up so much ( see 5 year chart). this one really needs to catch up
MrM : another sign that companies are looking up to alibaba as the leader in AI for china. AI and cloud computing demand that comes with it triggers re rating of company share price. Wait for details coming soon for Apple intelligence with Alibaba, not sure if they will reveal the compensation details
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