US automotive

Seeking Alpha writes: “Height Capital Markets is keeping a close watch on the tariff news impacting the automobile industry, waiting in particular for confirmation from Beijing on the cut of the 40% tariff on U.S. imports (it was 25% in July). The firm sees the Trump auto tariff claim giving the biggest benefit to Mercedes-Benz and BMW due to the sizable level of SUV shipments to China from the U.S., while Ford and General Motors have a smaller benefit because they already produce locally in ...

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