GM, Ford and Chrysler owner Stellantis will be among the carmakers hit hardest by Donald Trump’s pledge to impose tariffs on imports from Mexico and Canada, according to analysts.
The threat to America’s three biggest carmakers stems from the complex, cross-border supply chains the global auto industry has developed over the past four decades.
Since Trump announced plans this week to impose tariffs of 25 per cent on imports from Mexico and Canada, executives and analysts have been trying to work out the potential damage to an industry already confronting weaker demand for electric vehicles.
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