Tariff hikes set to disrupt global auto sector: Fitch
Fitch Ratings has warned that a potential increase in US tariffs on imports from Canada, Mexico, the European Union and China would place downward pressure on revenue growth and profitability…
Auto Industry Has Little Wiggle Room to Navigate Tariff Hikes
On March 26, new tariffs were announced on automobiles and motor vehicle parts. Although the new tariffs are effective April 3 for imported automobiles and by at least May 3…