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0 0.000558035714285603 0.00223214285714281 0.0011160714285714 -0.0106026785714286 0.0770089285714285 0.0391517857142857 0.0122767857142856
Stock impact report

Tariffs will lead to 2 million fewer auto sales in US this year, auto advisory firm forecasts [Yahoo! Finance Canada]

Stellantis N.V. Common Shares (STLA) 
President Donald Trump's 25% automotive import tariffs went into effect April 3. Vehicles made in Mexico and Canada face the levy, but automakers compliant with the terms of the U.S.-Mexico-Canada Agreement can deduct the value of U.S. content. The Trump administration has also imposed reciprocal tariffs of varying rates on different countries, which were not applied to Canada and Mexico. The tariffs have pressured automakers to make production changes with General Motors increasing truck output at an Indiana plant and Stellantis, maker of Ram trucks and Jeeps, temporarily shutting down production at two plants in Mexico and in Canada, affecting five U.S. facilities that are connected to them. Automakers including Ford Motor and Stellantis upped their incentive offers to ease consumers' concerns about the duties adding to vehicle prices. Analysts have projected that sustained tariffs will increase prices by thousands of dollars, and automakers have warned the same. “Vehicle aff Show less Read more
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