Part 3/5:
The repercussions of Trump's tariff threats were felt sharply, particularly by major automotive manufacturers. For instance, shares of Germany's automotive giant Volkswagen plummeted by over 2%, while Stellantis, the parent company of Chrysler, Dodge, and Fiat, saw an even steeper decline of over 4%. Analysts predict that Stellantis could be the most adversely affected by these tariffs, attributing much of its North American sales—approximately 25%—to products manufactured in Mexico.