Lifting a stone to hit one's own foot! As soon as the tariff threat from Trump emerged, the stock prices of usa auto giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
Express News | Workhorse Group Granted U.S. Patent US 12154442 B2 For "UAV DELIVERY CONTROL SYSTEM FOR UAV DELIVERY OF PACKAGES"
Trump Tariff Threats Hit Ford, GM, Other Auto Stocks. This Is Why. -- Barrons.com
California's Newsom Vows to Offer EV Rebates If Trump Cuts $7,500 Federal Tax Credit
Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.
① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.
Roth MKM Maintains Workhorse(WKHS.US) With Hold Rating, Cuts Target Price to $1
