Volkswagen, BMW and Stellantis fell sharply at the open after President Trump said U.S. tariffs on imported vehicles will rise from 15% to 25% as soon as this week. The move is a material negative for European automakers and signals renewed trade friction after Trump accused the European Union of breaching last July's trade deal.
Volkswagen, BMW and Stellantis fell sharply at the open after President Trump said U.S. tariffs on imported vehicles will rise from 15% to 25% as soon as this week. The move is a material negative for European automakers and signals renewed trade friction after Trump accused the European Union of breaching last July's trade deal.
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strongly negative
Sentiment Score
-0.62
Ticker Sentiment
