Toyota Motor Corp just got a market-moving gift – and it came courtesy of U.S. trade policy. After the Donald Trump administration unveiled a new 15% tariff on imported vehicles, Toyota's stock surged 8%.
Tariff Math That Favors The Competition
Why? Because while Toyota gets away with a flat 15% hike, American automakers like Ford Motor Co, General Motors Co, and Tesla are staring down a tangled—and far more expensive—tariff mess.
Ford and GM aren't just dealing with the vehicle import tariff, pointed out Spencer Hakimian on X. They're also absorbing 50% more for steel and copper, 25% tariffs on parts from Canadian and Mexican factories, and a 55% hit on components sourced from China.
Tesla, with its global supply web, doesn't escape the squeeze either.
An ‘America First' Policy That Backfired?
What was meant to be a policy to bring auto jobs back to U.S. soil may end up doing the opposite – by raising input costs for American carmakers while giving Toyota a relatively cleaner rid...