RE: Trump announces 25% tariffs on car imports to US26 Mar 2025 23:48
US is around 1/3rd of the global market for AML, tariffs of 25%.
So let's say around 8% drop expected tomorrow.
That's not the main concern, the HUGE concern now is supply chains.
They will be in tatters all over the world.
No doubt Hallmark will be using that as his next excuse for AML not selling enough cars. "It wasn't our fault, blame Trump".
What an omnishambles.
I told y'all, cash is king. Buffet is rarely wrong.
Earnings will take a pummelling across the board, advertising, sales, services, everything. You know what happens when everything was priced for perfection and the shizzle hits the fan.
Something big is going to break, the markets are the only thing that can stop Trump. Be ready with cash when it happens.