Quotes
To be clear, we do not expect aggressive new tariffs in a possible Trump Administration (i.e 100%+). But the challenge for investors will be around rhetoric, especially with the USMCA up for renegotiation in 2026. Trade uncertainty could weigh on Auto stocks broadly, as we saw from 2018-early 2020 (during the height of the US-China trade war & NAFTA negotiations),
Wolfe analyst Emmanuel Rosner said Wednesday in an investor note
We anticipate a tougher approach to trade and tariffs although we believe policy changes will be milder than announcements in order to minimize business disruption."
BofA's John Murphy shared similar thoughtsMaybe we would go for production elsewhere not subject to U.S. tariffs."
Aoyama later addedThat is a big impact,
he said when discussing the company's most recent financial resultsThey think they're going to make their cars [in Mexico] and they're going to sell them across our line and we're going to take them and we're not going to charge them tax,
Trump said Tuesday evening.jpg)
Tariffs, trade barriers, protectionism is going to be detrimental to the global economy,
de Guindos said at a conference in London
If you impose a tariff, you have to bear in mind that the other party is going to react, and it’s going to retaliate, and that could give rise to vicious circle of in terms of inflation, tariffs, which could be the worst possible result and outcome,
he saidWhile the outlook for 2025 is essentially unchanged, global growth is likely to be a little stronger in 2026 and 2027 on the back of the election result, as the impact of looser U.S. fiscal policy more than offsets the drag from targeted tariff measures,
he told AFP
The multilateral world of the 1990-2000s will no longer exist,
she said, ... adding thatI want German car companies to become American car companies. I want them to build their plants here.”
At a campaign rally in Savannah, Georgia, he said
Aggressive unilateral tariff hikes by the US would lead to a 0.2% to 1.9% reduction of Mexico's GDP relative to our baseline expectations,
Fitch said, as reported by Latinvex
The significant increase in tariffs would have implications for both the US economy and for China, and there would be flow-on consequences for Australia,
Kennedy said during a senate hearing, per News.com.auI think that China has already faced significant tariffs and has adapted, but Europe has yet to face them. So if Trump does implement his global tariffs then Europe would be hit hard,
said Bilal Hafeez, CEO of Macro Hive, a macro market research firmTime will tell whether Trump's 'bark' proves worse than his 'bite,' with inauguration day not for another couple of months, but the election results are set to make those months very jittery indeed for European policymakers,
said Michael Brown, a senior research strategist at PepperstoneThe real fear among market watchers is that Europe would retaliate just as swiftly as it did during Trump's first presidency,
said GreenTo me, the most beautiful word in the dictionary is 'tariff,'
Trump told an audience at the Economic Club of Chicago in October, The Wall Street Journal reportedA fresh trade war with the US under Trump's presidency could exacerbate these problems, destabilizing the region's economy further,
said GreenTech companies, consumer goods giants, luxury brands, and automotive firms that generate a large portion of their revenues from Europe could be caught in the crossfire,
added GreenIn very broad terms, the imposition of trade restrictions, such as tariffs, typically lead to lower growth and higher inflation,
he saidIf Trump ... I don’t think the U.K. has a choice but to retaliate,
the senior U.S. business representative said