Part 5/7:
The automotive industry also faces external pressures stemming from commercial tensions, particularly from U.S. trade policies. This week, new developments emerged, highlighting how these tensions have begun to affect major market players. President Donald Trump’s threats to impose a 25% tariff on products from Canada and Mexico have rattled the stock market, leading to declines in shares of various companies, including Tesla. As vital trade partners for the U.S. automotive industry, threats against Canada and Mexico raise serious concerns about supply chains that often span these borders multiple times during vehicle production.