A major standoff involving Nexperia, a Dutch chipmaker owned by China's Wingtech, threatens global auto production. With export bans and national security concerns, automakers are on high alert for potential chip shortages.
President Trump is contemplating significant tariff relief for U.S. automakers, potentially slashing costs for major companies like Ford and GM. This move could incentivize domestic production and create jobs, following his key policy goals.
In a bold move, President Trump has announced a 25% tariff on imported cars, aiming to boost US auto production and jobs. However, experts warn of potential price increases and disruptions in the industry. Will this decision reshape the car market?