European Auto Stocks Jump After U.S. and China Agree to Slash Tariffs -- Market Talk

Dow Jones

2025/05/12

0812 GMT - Shares in European automakers jump after the U.S. and China agreed to slash tariffs for the next 90 days, pending further talks. The major de-escalation in the trade war between the two countries boosted European equity markets and sent shares in Stellantis up 7% in early trade with Porsche and Mercedes-Benz both gaining over 5%. Shares in BMW rise 4.4% while Volkswagen rises 3.5%. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

May 12, 2025 04:12 ET (08:12 GMT)

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The major de-escalation in the trade war between the two countries boosted European equity markets and sent shares in Stellantis up 7% in early trade with Porsche and Mercedes-Benz both gaining over 5%. Shares in BMW rise 4.4% while Volkswagen rises 3.5%. 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The major de-escalation in the trade war between the two countries boosted European equity markets and sent shares in Stellantis up 7% in early trade with Porsche and Mercedes-Benz both gaining over 5%. Shares in BMW rise 4.4% while Volkswagen rises 3.5%. 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The major de-escalation in the trade war between the two countries boosted European equity markets and sent shares in Stellantis up 7% in early trade with Porsche and Mercedes-Benz both gaining over 5%. Shares in BMW rise 4.4% while Volkswagen rises 3.5%. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 04:12 ET (08:12 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}