Trump’s Latest Tariff Threat Sends Daimler, BMW Stock Reeling

German automotive stocks fell after U.S. President Donald Trump threatened to impose a 20 percent tariff on all European car imports into the U.S. “Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them here!” Trump said in a tweet on Friday. The risk is becoming more real, said Jeff Schuster, senior vice president of forecasting …read more

Source:: Yahoo Finance

      

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