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Stock impact report

Trump's tariffs could backfire, boost Asian automakers: Bernstein [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
to give up market share to Korean and Japanese rivals as the Apr. 2 reciprocal tariff deadline fast approaches. "Targeting Mexico and Canada without touching Asia could hand market share to Japan and Korea," Bernstein analysts said in a note Tuesday. The reality of U.S. auto production is far more global than the political narrative suggests. Nearly 50% of vehicles sold in the U.S. are imported, and even vehicles assembled in the U.S. contain almost 60% foreign-sourced parts, with Mexico playing an outsized role. Tariff exposure is believed to be deeper and more widespread than assembly location suggests, the analysts said, cautioning that a phased approach is needed as blunt tariff actions risk hitting U.S. automakers harder than foreign competitors. A sudden 25% tariff, especially on Mexico, would hit domestic U.S. manufacturers harder than offshore competitors, the analysts added, citing the firm's comprehensive model of the U.S. auto value chain. "A structured tariff roa Show less Read more
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