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The "tariff war" has triggered turbulence in the USA's imported vehicle market: multiple brands have hit the "pause button"; is a "price hike wave" about to arrive?
① "The store has already issued a notice that all imported cars from the USA have had their reservations canceled." On April 15, a sales representative from a certain BMW 4S store located in Peking told the Securities Times reporter. ② The Tesla China official website shows that the Model S/X no longer offers a separate "order new car" option, and the corresponding model pages only display a "view stock" button.
General Motors and Ford declined, as Canada will conditionally exempt certain countermeasures against the import of Autos from the U.S.
The official website of the Canadian Federal Department of Finance issued a statement that it will exempt certain countermeasures against the import of cars from the USA to help the development of domestic Auto Manufacturers in Canada.
The U.S. stock market's Autos Sector rebounded collectively! Trump suddenly softened his stance: considering a temporary exemption from auto tariffs.
Trump stated that he is exploring the possibility of a temporary exemption from tariffs on imported autos and auto parts to give auto companies more time to establish production bases in the USA.
Dow Tumbles Over 800 Points; US Inflation Rate Falls In March
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