Shares of Asia’s cars, Trump drops 25% tariff in car imports

Shares of Asia’s cars announced that US President Donald Trump will implement tariffs in non-country cars.

Japanese cars Toyota and Honda 3.69% and 2.91% fell accordingly. Nissan, In Mexico, two plants decreased by 2.92% and Mazda Motor Lost more than 6%. Mitsubishi Motor Reduced by 4.9%.

The South Korean Kia engines Production Plant in Mexico2.76% were immersed. Chinese cars Nio and XPeng shares fell 3.94% and 1.97%, respectively.

These new tariffs will come into force on April 2. White House Assistant Scharf, said that tariffs will be used to “foreign cars and light trucks” in addition to existing positions.

Because most cars consist of parts of different countries, the full details of the announcement are not clear, because most cars.

These tariffs are expected to earn more than $ 100 billion in the United States, Scath is evaluated.

“Every car manufacturer who sells vehicles in the United States comes with global supply chains and many of them,” he said.

“Although Honda or Toyota gathers a model in the United States, the parts from China will increase the cost of producing these vehicles,” he said.

The vehicles gathered in the United States will also be affected, although it is a lower level based on the make-up of the external parts, analytical.

“No US car dealer will flee from these tariffs,” Brauer said.

European Commission President Ursula Von Der criticized the tariffs X on social media platform x He confirmed that the solutions discussed while maintaining the economic interests of the European Union.

“This is a little stronger than we think there is a signed order decision,” said Joseph McCabe, President of CEO and AutoForecast solutions.

“Before April 2, it is not likely to return it. This is not a month, if you do not have a month, it will be effective within a few weeks, and then we will see some debris in this process,” he said.