r/WallStreetbetsELITE • u/stresskillingme • 10d ago

MEME How much will Trump's 25% tariffs cost the U.S. automotive sector?

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u/Thyg0d 9d ago

In this case he actually hits Europes auto industry which hurts a bit in Germany. Got to give him that. I just hope Europe stands up and hits back, a lot.

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u/MrSinisterStar 9d ago

I mean sure but who there is going to buy a shitty American car? I can't see Chevys, Dodges, and Fords high on Europe's list of gotta have vehicles.

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u/Gr33nBastard_88 9d ago

I think Tesla is U.S. brand, isn’t it? There are plenty of those.

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u/wannacumnbeatmeoff 9d ago

BMW, Mercedes, Stelantis and Volkswagen already build cars in the US. How is this going to hurt them?