1112 ET - Baird says news about President Trump's softened automotive tariffs is "mildly incrementally positive," for the industry mainly due to the administration exhibiting a degree of flexibility after active lobbying by OEMs on behalf of suppliers. WSJ reports that the White House will modify tariffs on foreign autos parts and eliminate stacking of other duties. Analyst Luke Junk says, "specific impacts to covered suppliers seem slightly positive at the margin, as even just some tariff relief at OEMs should help with overall auto parts tariff recoverability." Junk says the estimated financial benefits will vary by automaker and model, and notes that the top 15 selling U.S.-made cars in 2024 all had meaningful non-U.S. content per government data. (patrick.sheridan@wsj.com)
(END) Dow Jones Newswires
April 29, 2025 11:12 ET (15:12 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。