Global Auto Stocks Drop After Trump Threatens 25% Tariffs on Car Imports -- WSJ

Dow Jones
19 Feb

By WSJ Staff

Global car stocks fell Wednesday after President Trump said he was considering tariffs of 25% or more on automobiles, semiconductors and pharmaceutical products.

-- Volkswagen, Renault and Mercedes-Benz all dropped more than 2% in Europe.

-- Stellantis shares declined 1.7% in U.S. morning trade.

-- Toyota's U.S.-listed shares fell nearly 2%.

European and Asian car brands have expanded production in the U.S. in recent years, but still ship lots of vehicles from their factories at home. Dig into how they are gaming out alternative manufacturing plans:

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 19, 2025 10:24 ET (15:24 GMT)

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