Business
#Trump steps up trade war with auto tariffs: winners and losers #politics #shorts
President Donald Trump’s additional 25% auto tariffs are hurting carmakers around the world. The additional duties, to be collected from April 3, could wipe out around a quarter of Porsche and Mercedes’ projected 2026 operating earnings, according to Bloomberg Intelligence. To offset the impact, manufacturers may have to raise prices or shift more production to the US. Bloomberg’s Jamie Nimmo has more and explains who could come out on top. https://t.co/k0yBq1o5Qi
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