European Auto Stocks Rise After Trump Delays EU Tariffs -- Market Talk

Dow Jones

05-26

0828 GMT - European auto stocks rose on Monday after U.S. President Trump pushed back a deadline on EU tariffs to July 9. Last week he threatened to implement a 50% tariff on EU goods from June 1 after saying talks on a trade deal were "going nowhere." The European auto sector counts the U.S. as a major market and is therefore highly exposed to any duties on vehicles and parts entering the U.S. Shares in Stellantis rose 2.4% while Mercedes-Benz gained 1.9% and Volkswagen added 1.4%. Trading volumes were light due to public holidays in the U.K. and U.S. Monday. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

May 26, 2025 04:28 ET (08:28 GMT)

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Last week he threatened to implement a 50% tariff on EU goods from June 1 after saying talks on a trade deal were \"going nowhere.\" The European auto sector counts the U.S. as a major market and is therefore highly exposed to any duties on vehicles and parts entering the U.S. Shares in Stellantis rose 2.4% while Mercedes-Benz gained 1.9% and Volkswagen added 1.4%. Trading volumes were light due to public holidays in the U.K. and U.S. Monday. 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Last week he threatened to implement a 50% tariff on EU goods from June 1 after saying talks on a trade deal were \"going nowhere.\" The European auto sector counts the U.S. as a major market and is therefore highly exposed to any duties on vehicles and parts entering the U.S. Shares in Stellantis rose 2.4% while Mercedes-Benz gained 1.9% and Volkswagen added 1.4%. Trading volumes were light due to public holidays in the U.K. and U.S. Monday. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 26, 2025 04:28 ET (08:28 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":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}