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USA's Autos tariffs make it unprofitable for low stock price cars, Mercedes is considering withdrawing entry-level models from the USA.
① The President of the USA, Trump, announced that a 25% import tariff will be imposed on cars from non-USA manufacturers, which is expected to add thousands of dollars to the cost of each vehicle; ② Mercedes-Benz is considering withdrawing its entry-level cars from the USA, as the tariffs would make its strategy for selling low stock price cars unprofitable; ③ Several Auto Manufacturers plan to adjust their sales strategies in response to the tariffs, but due to the unknown details of the tariffs, Global Auto Manufacturers find it difficult to formulate effective strategies.
U.S. stocks closed: Trump's reciprocal tariffs are about to take effect, and the stock index fluctuated like a roller coaster.
① Most China Concept Stocks rose, with the Nasdaq China Golden Dragon Index up 0.5%; ② The number of paid users for ChatGPT exceeded 20 million; ③ The head of AI research at Meta will be leaving; ④ Tesla's sales in Italy rebounded in March.
EU Fines Car Companies $495.3 Million in Vehicle Recycling Probe