The car giants fall with the ease of the sweeping global definitions of Trump

Car giants in Europe fell on Wednesday morning, Extension of the last losses When US President Donald Trump’s tariff entered dozens of countries – including a Pump 104 % tax On China.

Trump’s latest commercial measures, which entered into force from 5 am at London time, include a 20 % tariff for the European Union, a 24 % tariff in Japan and 49 % tax on Cambodia.

These “mutual” measures will be applied separately and not in addition to the definitions of the current American cars, according to the S&G GLOBAL.

Last Thursday, the Trump administration carried out 25 % fees on all foreign cars imported in the United States, and the White House said it also intends to put a customs tariff on some car parts no later than May 3.

French auto parts shares Valeu It was traded by 4.3 % on Wednesday morning, trading towards the bottom of the Stoxx 600 in Europe.

Germany Volkswagenand Mercedes Benz collection and BMW It fell up to 3 %, before peeling the losses, as the latter recorded 52 weeks.

In Asia, Japan April and Toyota 7 % and 2.6 %, respectively, fell on Wednesday.

Analysts warn that German car manufacturers are likely to be the most exposed to American commercial measures.

“The customs duties are a blow to the German car makers who export hundreds of thousands of units to the United States annually (749,000 in 2024) and produce many cars in the United States itself that require European parts,” said Rico Loman, an economist in the two sectors in the field of transport and logistics in CNBC, which requires European parts.

He added: “It is difficult to work about the customs tariff, and it seems that it remains for at least a period, so they need to deal with it and they will have to reconsider the offers of products, pricing and manufacturing.”

The Chinese Ministry of Foreign Affairs on Wednesday Respond To the latest American drawings by pledging to give up “firm and strong” measures to protect their own interests.

The escalating trade war is expected to have a profound impact on the global auto industry, especially given the high globalization of supply chains and extreme dependence on manufacturing operations throughout North America.

In the days when Trump’s tariffs have passed, the car giants have Respond By announcing plans to raise prices, imposing import fees, Stop shipmentsand Inactive plants Even the demobilization of the employees.

In the United States sales in the United States will hurt German car makers, in the midst of already a complex set of challenges, this image “does not seem exciting” yet.

“China is actually more important, and its local market requires more attention,” Luman said. “I would like to say that strengthening competitive power and selling more cars in the European local market (and perhaps developing other export markets around the world) will be the focus of focus.”