Tariffs Slam Automakers: Profits Skid as Trade Wars Heat Up
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Metal meets misery as import taxes crush margins.
Supply chains scream
Assembly lines stutter under the weight of retaliatory tariffs—steel costs up 25%, aluminum 10%. Detroit and Stuttgart alike bleed red ink.
EV ambitions short-circuited
Battery suppliers hike prices, forcing OEMs to delay launches. That $35k electric pickup? Now $42k—if you can find one.
Wall Street shrugs
Analysts still bullish (naturally). "Temporary headwinds" they say—between sips of $18 artisanal cold brew.
Bottom line: When elephants (read: governments) fight, the autos get trampled first.
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