Car import tariffs to US Wall Street negative
Customs tariffs on imports of all foreign production cars to the United States have led to negative stock indexes on the Wall Street Stock Exchange.
reports
This action even led to the depreciation of US large-scale car companies, including Ford and General Motors because these companies produce a significant portion of their cars outside the United States, including Mexico and Canada.
US President Donald Trump ordered yesterday to be subject to a 5 % customs tariff from April 5, 2010.
On the other hand, from day 1 May Imports of auto supplies and spare parts to the US will also be subject to customs tariffs.
The issuance of this command has led to the value of General Motors . The value of Ford’s stock also fell 4.9 percent. The value of part-maker companies such as Bourgwerner and Opto each has 5 % in the trading hours of the past.
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