Automakers are utilizing strategies from the COVID-19 pandemic to manage the impact of Trump’s tariffs. These tariffs threaten to increase vehicle prices and cause production stoppages. Stellantis and Volkswagen are particularly affected, bearing a significant portion of the €5.88 billion tariff risk. Meanwhile, the United Auto Workers (UAW) union has praised Trump’s tariffs as a means to address what they describe as a “free trade disaster.” — news from Axios
