Trump's Threat of 30% Tariffs on EU Sparks Decline in Automakers' Share Prices
2025-07-14 / Read about 0 minute
Author:小编   

Following President Trump's threat to impose a 30% tariff on the European Union, the share prices of prominent German automakers such as Mercedes-Benz, BMW, Volkswagen, and Porsche experienced a significant drop, ranging between 1.8% and 2.2%. Additionally, the share prices of Volvo, Ferrari, and Aston Martin also declined, by 1.1%, 1.2%, and 1.6% respectively.