Global car shares are included with the Trump tariff raising fears of the trade war

The shares of the auto giant fell sharply on Monday, after US President Donald Trump was duty A long tariff is threatened with goods from Canada, Mexico and China.

Trump signed executive orders on Saturday to implement a 25 % tariff on Mexican goods and most Canadian goods, with a 10 % duty imposed on Canadian energy products and Chinese goods, which are scheduled to enter on Tuesday.

The US President warned that the Americans might feel “some pain” when the measures come into effect, however He said The customs duties were necessary “because of the main threat to illegal foreigners and the deadly drugs that kill our citizens, including fentanel.”

Canada and Mexico retreated, and threatened to impose reprisal measures that included definitions.

The shares of global car manufacturers have decreased with investors investing about the impact of a possible trade war.

Analysts Expected Trump’s tariff for a profound impact on the automotive industry, noting the strong dependence on manufacturing operations throughout North America, especially in Mexico, and complex global supply chains.

Japanese car giants Toyota and April Both decreased more than 5 % on Monday, while the local competitor Honda 7.2 % fell. Arrows listed in Japan Mazda Motor Corp More than 7.5 % was traded less, while Kia Motor Corp decreased nearly 6 %.

In Europe, French auto parts resource shares Valeu And car maker Renault 6.8 % and 2 %, respectively, decreased during deals in the early morning.

The French Italian bloc Stelantis,, Known as brands like Chryler, Dodge, Jeep and MASERATI, decreased by 6 % on Monday morning.

Germany Volkswagen 5 % slipped, while their local peers Porsche and BMW Both were circulated by about 3.5 %.

Trump has Proposal The European Union can be next to the customs tariff.

For Germany, the possibility of American definitions on European cars comes at a time when the best manufacturers of original equipment, or original equipment manufacturers, Indeed, reeling.

Volkswagen, Mercedes Benz collection BMW has all issued profit warnings in recent months, noting the weak economy and slow demand in China, the largest car market in the world.

This developing story is updated.