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Canada PM Carney: 25% Auto Tariffs 'Will Hurt Us'
Express News | Trump Autos Proclamation Provides One-Month Tariff Exemption for Auto Parts Imports Until May 3
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
Truist Financial Maintains Rivian Automotive(RIVN.US) With Hold Rating, Announces Target Price $14
Rivian Automotive Options Spot-On: On March 26th, 141.86K Contracts Were Traded, With 2.25 Million Open Interest
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