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Barclays Upgrades U.S. Auto Sector Outlook Despite Trump Tariff Headwinds
Barclays Upgrades U.S. Auto Sector Outlook Despite Trump Tariff Headwinds
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BTCCSquare news:
Barclays has revised its outlook on the U.S. autos and mobility sector upward, citing unexpected resilience in the face of prolonged 25% import tariffs imposed by the TRUMP administration. The London-based bank noted manufacturers have adapted through localized production shifts, while consumer demand for light vehicles remains surprisingly robust.
Japanese automakers like Honda absorbed significant profit declines initially, but industry-wide supply chain adjustments appear to be mitigating the tariffs' impact. Barclays analysts highlight the sector's ability to maintain pricing power and volume stability as particularly noteworthy given the geopolitical trade environment.
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