German auto stocks fall on Trump car tariff hike to 25%
Shares in Porsche, BMW, and Mercedes-Benz fell up to 2.6% after U.S. President Trump raised car import tariffs to 25%. The move impacts the broader sector.
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Germany automakers fell 0.4% to 2.6% on May 4 after the United States raised import tariffs to 25%. The hike increases the levy from a previously agreed 15% rate. This policy shift creates a fresh headwind for a sector already facing structural earnings pressure.
