Moody’s Estimates $30 Billion Loss From U.S. Tariffs on Automakers

U.S. tariffs on global automakers could cost the industry up to $30 billion by 2025, according to Moody’s Investors Service. This prediction comes as automakers grapple with new regulations impacting trade and production strategies. The Trump Administration implemented these tariffs, aiming to bolster domestic industries. While President Trump’s trade policy seeks to achieve this, the tariffs are prompting major car manufacturers to reassess their supply chains and production methods in order to minimize losses and maintain market stability. 🚗 📉