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Article Summary
  • The article discusses how foreign auto stocks are sliding due to fears of potential tariffs under President Trump's administration
  • It mentions specific companies like Volkswagen, BMW, and Daimler seeing declines in their stock prices
  • The author, Michael Wayland, highlights concerns about the impact of tariffs on the global auto industry
  • There is speculation about how tariffs could affect supply chains and production costs for foreign automakers
  • Overall, the tone of the article is cautious and concerned about the potential consequences of Trump's tariff policies on foreign auto stocks
Check out the full article here.
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United States of America
  CNBC     2 hours ago
Foreign Automaker Stocks Slide On Trump Tariff Fears
Stock prices of foreign automakers fell sharply Wednesday amid concerns the U.S. will hike tariffs on imported vehicles under President-elect Donald Trump.
https://www.cnbc.com/2024/11/06/foreign-auto-stock...
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