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Keyword: automobilestariffs

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  • How One Car Part's Journey To Production Shows Just How Interconnected The International Auto Industry Really Is...Or Was

    03/04/2025 3:16:03 PM PST · by Miami Rebel · 22 replies
    Jalopnik ^ | MARCH 4, 2025 12:50 PM E | Colin Woodard
    President Trump announced new tariffs on Canada and Mexico, as well as China on Monday, sending the stock market plummeting. This morning, stock prices continued to fall, with the overall market only down a couple of percentage points, although certain individual stocks have fared worse. Tesla, for example, is down more than 10 percent since Monday's tariff announcement. Legacy automakers' stock prices dropped, as well, although not nearly as sharply as Tesla's. Unfortunately for everyone connected to the auto industry in any way, the complex, international supply chain it relies on leaves the auto sector uniquely exposed, the Wall Street...