The 20 largest US-listed stocks from Japan by market cap. Includes stocks in the automotive, technology, and financial services sectors.
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Trump's Autos tariffs have torn apart the trade relations between the US and Europe, and the German political sphere vows to respond strongly.
① Trump plans to impose a 25% tariff on imported Autos, with related measures set to take effect on April 2. This move has sparked strong opposition from Germany's Minister of Economy and the Autos Industry, claiming it sends a 'fatal signal' to free and rules-based trade; ② German Vice Chancellor and Minister of Economy Robert Habeck has called for a 'decisive response' from the EU to Trump's latest tariff announcement, believing that these tariffs will harm the overall interests of trade in the USA, EU, and Global markets.
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Who are the biggest losers from Trump's auto tariffs? Goldman Sachs: Profits of Japanese auto companies may be "halved."
Goldman Sachs predicts that if costs cannot be passed on, the operating profit of Japanese automotive giants such as Toyota and Honda will be "slashed in half," with Nissan and Mazda potentially seeing profit declines of up to 66% and 34%, respectively. Even more seriously, Japan's economy is now on the brink of recession, and the "wage-price positive cycle" driven by the auto industry will also come to an abrupt halt.
What is the impact of Trump's 25% Auto tariff? Institutions: The tariff will increase the maintenance costs for car owners and the after-sales costs for Dealers.
The shadow of tariffs continues to loom.
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