Ferrari Unfazed over Trump’s Tariffs

by Newsroom


Europe’s car companies are facing challenges under Trump’s proposed tariffs, with Ferrari possibly being an exception.

On Monday, Trump announced plans to increase tariffs, including a 10% tariff on Chinese goods and a 25% tariff on goods from Mexico and Canada.

This move threatens to destabilize auto industry supply chains and raise costs. The news has already caused a drop in auto share prices, as many US and European manufacturers…



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