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Vehicles waiting to be transported on March 27, 2025 in a port in the city of Yokohama, Japan. Us
Tomohiro Osumi | Getty pictures
Asia automatic shares, US President Donald Trump fell second straight in the day because they spared their tariffs in cars and some of the unmarked car parts in the country.
Japanese cars TOYOTA and Honda 4.29% and 4.24%, respectively, Friday. NissanIn Mexico, with three plants, decreased by 1.63%. Mazda MotoR lost 3.99% Mitsubishi Motor 1.27% fell.
The South Korean Kia engines Production Plant in MexicoHyundai Motor fell by 3.53%.
Shares of some Chinese motorists also fell, the share of electric vehicle producer Nio’s shares decreased by 7.83% in Hong Kong. Xpeng and Lion 0.57% and 0.78% of the appropriately slipped.
The new tariffs will enter into force on April 2 and target the main car parts, including passenger vehicles and light trucks, as well as engines and transmitters The White House said.
According to analysters, these tariffs are Expected to lift prices for US buyers both foreigner and are domestically designed vehicles by thousands of dollars.
Goldman Sachs believes that prices can rise to $ 15,000 to $ 5,000 in imported cars. Local cars are also jumped up to $ 8,000, the investment bank is Mark Delaney, he said.
More than 90% of US vehicle imports come from five trading partners: European Union, Canada, Mexican, South Korea and Japan, Anz.
Several trading partners expressing their intentions to get the EU, Canada, Canada and revenge, there are Anz analysts because he has concerned about the “stretching war”.
There’s Trump He threatened to apply “remote” tariffs In Canada and EU, which connected hands to combat US trading tariffs.
The problem of implementation of tariffs also lies in the development of a process to apply the tasks of auto parts, the Eurasian Group of Political Advisor noted.
“Under the United States-Mexican-Canada agreement, the importance of cars, US content and systems will be allowed to confirm the content and systems of the United States, 25% refers to the unusual content values of the United States. According to the phrase of the White House.
“Note that 25% of the tariff consultation with the Secretary of Trade, consulting with CBP, only creates a method for tariffing the non-profit content of these parts,” the Eurasian group.
-CNBC’s Kevin Breuninger contributed to this report.
