Trump's tariff threats have rattled Europe's auto giants — but Ferrari appears remarkably unfazed
Publishing timestamp: 2024-11-28 05:31:09
Summary
President-elect Donald Trump plans to impose steep tariffs on China, Canada, and Mexico, causing concerns for the auto industry's supply chains. However, Ferrari is expected to be shielded from most of the fallout due to its unique position in the European automobile sector. Other carmakers like Porsche may face challenges passing on higher tariffs to customers.
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Keywords: donald trump, ferrari nv, porsche ag, politics, italy, business news, renault sa, breaking news: politics, autos, business, volkswagen ag,