European Carmakers Trade Higher on Hopes of Tariff Agreement

Dow Jones

Jul 23

By Andrea Figueras

Shares in European carmakers gained in early trading after a U.S. tariff agreement with Japan sparked optimism for the auto industry.

President Trump wrote in a social-media post on Tuesday that he would set reciprocal tariffs at 15% for Japan. Levies on autos would also be lowered to 15% from their current 25%, Tokyo's chief trade negotiator said, a development that lifted Asian auto stocks.

Automotive levies in particular had been a sticking point for months in negotiations between Washington and Tokyo.

European carmakers are subject to the 25% levy imposed by Trump on foreign-made cars. Germany, Europe's biggest economy and its largest exporter, is particularly exposed to duties.

Shares in Mercedes-Benz and Volkswagen jumped more than 5% in European morning trading, while those in premium sports-car maker Porsche were up 6.9%. BMW and Renault traded 4.6% and 2.9% higher, respectively. Jeep maker Stellantis was up 5.9%, while Volvo rose nearly 11%. Shares in Ferrari rose 1.4%.

The news offers a glimmer of hope for Europe's beleaguered automotive industry, which in addition to the threat from tariffs, is also facing falling demand, a struggling electric vehicle market, and fierce competition from its Chinese rivals.

Write to Andrea Figueras at andrea.figueras@wsj.com

(END) Dow Jones Newswires

July 23, 2025 03:53 ET (07:53 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2553297629"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2553297629\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2553297629?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-23 15:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2553297629","market":"fut","top_or_hot":-1,"title":"European Carmakers Trade Higher on Hopes of Tariff Agreement","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Andrea Figueras \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares in European carmakers gained in early trading after a U.S. tariff agreement with Japan sparked optimism for the auto industry. \n</p>\n<p>\n  President Trump wrote in a social-media post on Tuesday that he would set reciprocal tariffs at 15% for Japan. Levies on autos would also be lowered to 15% from their current 25%, Tokyo's chief trade negotiator said, a development that lifted Asian auto stocks. \n</p>\n<p>\n  Automotive levies in particular had been a sticking point for months in negotiations between <a href=\"https://laohu8.com/S/WASH\">Washington</a> and Tokyo. \n</p>\n<p>\n  European carmakers are subject to the 25% levy imposed by Trump on foreign-made cars. Germany, Europe's biggest economy and its largest exporter, is particularly exposed to duties. \n</p>\n<p>\n  Shares in Mercedes-Benz and Volkswagen jumped more than 5% in European morning trading, while those in premium sports-car maker Porsche were up 6.9%. BMW and Renault traded 4.6% and 2.9% higher, respectively. Jeep maker Stellantis was up 5.9%, while Volvo rose nearly 11%. Shares in Ferrari rose 1.4%. \n</p>\n<p>\n  The news offers a glimmer of hope for Europe's beleaguered automotive industry, which in addition to the threat from tariffs, is also facing falling demand, a struggling electric vehicle market, and fierce competition from its Chinese rivals. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2025 03:53 ET (07:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>European Carmakers Trade Higher on Hopes of Tariff Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean Carmakers Trade Higher on Hopes of Tariff Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-23 15:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Andrea Figueras \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares in European carmakers gained in early trading after a U.S. tariff agreement with Japan sparked optimism for the auto industry. \n</p>\n<p>\n  President Trump wrote in a social-media post on Tuesday that he would set reciprocal tariffs at 15% for Japan. Levies on autos would also be lowered to 15% from their current 25%, Tokyo's chief trade negotiator said, a development that lifted Asian auto stocks. \n</p>\n<p>\n  Automotive levies in particular had been a sticking point for months in negotiations between <a href=\"https://laohu8.com/S/WASH\">Washington</a> and Tokyo. \n</p>\n<p>\n  European carmakers are subject to the 25% levy imposed by Trump on foreign-made cars. Germany, Europe's biggest economy and its largest exporter, is particularly exposed to duties. \n</p>\n<p>\n  Shares in Mercedes-Benz and Volkswagen jumped more than 5% in European morning trading, while those in premium sports-car maker Porsche were up 6.9%. BMW and Renault traded 4.6% and 2.9% higher, respectively. Jeep maker Stellantis was up 5.9%, while Volvo rose nearly 11%. Shares in Ferrari rose 1.4%. \n</p>\n<p>\n  The news offers a glimmer of hope for Europe's beleaguered automotive industry, which in addition to the threat from tariffs, is also facing falling demand, a struggling electric vehicle market, and fierce competition from its Chinese rivals. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2025 03:53 ET (07:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2553297629","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553297629","pubTimestamp":1753257180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares in European carmakers gained in early trading after a U.S. tariff agreement with Japan sparked optimism for the auto industry.President Trump wrote in a social-media post on Tuesday that he would set reciprocal tariffs at 15% for Japan. Levies on autos would also be lowered to 15% from their current 25%, Tokyo's chief trade negotiator said, a development that lifted Asian auto stocks.Automotive levies in particular had been a sticking point for months in negotiations between Washington and Tokyo.European carmakers are subject to the 25% levy imposed by Trump on foreign-made cars. Germany, Europe's biggest economy and its largest exporter, is particularly exposed to duties.Shares in Mercedes-Benz and Volkswagen jumped more than 5% in European morning trading, while those in premium sports-car maker Porsche were up 6.9%. BMW and Renault traded 4.6% and 2.9% higher, respectively. Jeep maker Stellantis was up 5.9%, while Volvo rose nearly 11%. Shares in Ferrari rose 1.4%.The news of","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","BK4588":"碎股","BK4534":"瑞士信贷持仓","VWAPY":"Volkswagen AG","BK4585":"ETF&股票定投概念","RACE":"法拉利","BK4548":"巴美列捷福持仓","LU1064927863.SGD":"JPMorgan Funds - Europe Dynamic A (acc) SGD-H","BK4555":"新能源车","STLA":"Stellantis NV","MBGYY":"Mercedes Benz Group AG"},"translate_title":"欧洲汽车制造商因关税协议的希望而走高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MBGYY":0.9,"RACE":0.9,"STLA":0.9,"VWAPY":0.9},"content_text":"By Andrea Figueras \n\n\n \n\n\n  Shares in European carmakers gained in early trading after a U.S. tariff agreement with Japan sparked optimism for the auto industry. \n\n\n  President Trump wrote in a social-media post on Tuesday that he would set reciprocal tariffs at 15% for Japan. Levies on autos would also be lowered to 15% from their current 25%, Tokyo's chief trade negotiator said, a development that lifted Asian auto stocks. \n\n\n  Automotive levies in particular had been a sticking point for months in negotiations between Washington and Tokyo. \n\n\n  European carmakers are subject to the 25% levy imposed by Trump on foreign-made cars. Germany, Europe's biggest economy and its largest exporter, is particularly exposed to duties. \n\n\n  Shares in Mercedes-Benz and Volkswagen jumped more than 5% in European morning trading, while those in premium sports-car maker Porsche were up 6.9%. BMW and Renault traded 4.6% and 2.9% higher, respectively. Jeep maker Stellantis was up 5.9%, while Volvo rose nearly 11%. Shares in Ferrari rose 1.4%. \n\n\n  The news offers a glimmer of hope for Europe's beleaguered automotive industry, which in addition to the threat from tariffs, is also facing falling demand, a struggling electric vehicle market, and fierce competition from its Chinese rivals. \n\n\n \n\n\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2025 03:53 ET (07:53 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,"need_auth":true,"code":"91000000","status":"200"}}}