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[ Wed, Jun 04th ]: CNN
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From Stuttgart to Detroit: How Europe's car giants are bracing for Trump's tariff tsunami

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European automakers face price hikes, production shifts and supply chain chaos as Trump's 25% tariff upends the transatlantic car market.
The article from Fortune discusses the potential impact of former President Donald Trump's proposed tariffs on the European automotive industry, particularly in Stuttgart, often referred to as the "Detroit of Europe." If Trump were to win the 2024 U.S. presidential election, he has threatened to impose a 10% tariff on all imported goods, which could significantly affect European car manufacturers like Stellantis, Ford, and Volkswagen. These companies are already bracing for the potential "tariff tsunami," as it could disrupt their operations and supply chains, especially given the interconnected nature of the global automotive market. The article highlights the concerns of industry leaders and the potential economic repercussions for Europe's car manufacturing hub.

Read the Full Fortune Article at:
[ https://fortune.com/europe/2025/04/04/stuttgart-detroit-europe-car-giants-bracing-trumps-tariff-tsunami-stellantis-ford-volkswagen/ ]