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Auto stocks drop after Trump floats more auto tariffs

Hyundai’s shares fell 4.2%

Aidan BushbyAidan Bush
June 13, 2025
in Risk Management
Reading Time: 2 mins read
0

Auto manufacturers’ shares tumbled Friday after President Donald Trump floated potential increases to existing auto tariffs. “I might go up with that tariff in the not-too-distant future,” Trump said June 12 while signing legislation that nullifies California’s ban on the sale of ICE vehicles after 2035. Automakers are facing a 25% tariff on imported vehicles, […]

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