Tariffs Offer No ‘Winner.’ Expect ‘Pure Chaos’ In The Auto Industry, Analyst Warns

0
10

[ad_1]

A day after auto stocks broadly declined, the sector lost more ground Friday. The threat that President Donald Trump’s 25% tariffs on all foreign-made vehicles could “send the auto industry into pure chaos,” and boost the average price of cars between $5,000 and $15,500, according to an analyst. Wedbush Securities analyst Dan Ives on Friday said, after talking to auto…

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here