--- title: "Auto Stocks Fall After Trump Pledge to Impose 25% Tariffs on Imported Vehicles" type: "News" locale: "en" url: "https://longbridge.com/en/news/233462850.md" description: "Shares of major carmakers fell after President Trump announced a 25% tariff on global automotive imports, set to begin on April 3. This move has reignited trade concerns, affecting stocks in Japan, South Korea, and Europe. Toyota, Nissan, and Hyundai saw significant declines, while European brands like Mercedes-Benz and BMW also dropped. Analysts warn that these tariffs could increase car prices by up to $10,000, impacting both foreign and U.S. automakers. Trump's stance on tariffs highlights his commitment to addressing perceived trade imbalances, potentially straining relations with trading partners." datetime: "2025-03-27T12:51:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/233462850.md) - [en](https://longbridge.com/en/news/233462850.md) - [zh-HK](https://longbridge.com/zh-HK/news/233462850.md) generator: "portal-rs" --- # Auto Stocks Fall After Trump Pledge to Impose 25% Tariffs on Imported Vehicles An electronic stock board displays the Nikkei 225 Stock Average outside a securities firm in Tokyo. - Toru Hanai/Bloomberg News Shares of major carmakers and auto-parts manufacturers fell after President Trump said he would impose 25% tariffs on global automotive imports to the U.S., rekindling concerns about trade frictions between the U.S. and its trading partners. The tariffs–set to cover finished automobiles and automotive parts–will be levied on top of existing duties, including a 2.5% tariff imposed by the U.S., as well as 25% tariffs on light trucks. Trump said the U.S. would start collecting the auto tariffs on April 3. - Corporate America’s Euphoria Over Trump’s ‘Golden Age’ Is Giving Way to Distress - I Quit Google Search for AI—and I’m Not Going Back - New ‘Yellowstone’ Spinoffs Stoke Feud Between Paramount and NBCUniversal - Tax Day Is Almost Here. Millions of Americans Haven’t Filed Yet. - Wall Street Bonuses Powered New York’s Economy in 2024. Some Worry They Peaked. The president has been turning to tariffs to address what he sees as unfair trade imbalances between the U.S. and other world economies. Trump ordered federal agencies to explore how to adjust U.S. tariffs to match those of other countries. The latest announcement weighed on Asian European automotive stocks Thursday. In Japan, Toyota Motor shares closed 2% lower, Nissan Motor closed down 1.7% and Honda Motor was down 2.5%. In South Korea, Hyundai Motor shares fell 4.3% and Kia was down 3.5%. In Europe, Mercedes-Benz Group shares slumped more than 3%, while BMW and Volkswagen lost more than 2%. Shares of premium carmaker Porsche AG were down more than 4%. German automotive supplier Continental lost 3%. Stellantis, the owner of the Jeep and Dodge brands, shed more than 4% in Milan. Ferrari shares lost 2%, while tiremaker Pirelli was down 1.2%. Meanwhile, Volvo Car shares were down nearly 8%, while Aston Martin in the U.K. was down 5%. Trump’s latest move underscores his willingness to make good on pledges to penalize foreign carmakers even at the cost of ratting relations with U.S. trading partners. In a post on Truth Social early Thursday, the president threatened to impose “large-scale tariffs, far larger than currently planned” on Canada and the European Union if they worked together to “do economic harm” to the U.S. The auto tariffs in their current form “would be a hurricane-like headwind to foreign and many U.S. automakers,” ultimately pushing up the average price of a car by as much as $10,000, Wedbush Securities analysts wrote in a note to clients. General Motors and Ford Motor stock fell 6.3% and 1.2% premarket, respectively. Nearly half of new passenger vehicles sold in the U.S. in 2024 were assembled outside the country, according to data from S&P Global Mobility. Mexico is the biggest auto exporter to the U.S. ### Related Stocks - [MBGYY.US](https://longbridge.com/en/quote/MBGYY.US.md) - [BMW.DE](https://longbridge.com/en/quote/BMW.DE.md) - [BMWYY.US](https://longbridge.com/en/quote/BMWYY.US.md) ## Related News & Research - [BMW upgrades Regensburg plant with new high-voltage battery module pre-assembly line for Neue Klasse ramp-up](https://longbridge.com/en/news/297996503.md) - [BMW's Neue Klasse iX3 electric SUV appears in China filing ahead of November deliveries](https://longbridge.com/en/news/298323321.md) - [Trump's $5,000 'dividends' could upend the economy. Here's how](https://longbridge.com/en/news/298628158.md) - [Trump targets product used by ultra-wealthy Americans in war with Carney](https://longbridge.com/en/news/298234735.md) - [Former Biden Ambassador Says Trump’s Canada Strategy is Backfiring, Pushing Allies Toward ‘Broader and Larger Deals With China’](https://longbridge.com/en/news/298544599.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**