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Faraday Future Intelligent Electric Inc. Newsroom
Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.
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Trump's tariff stick shocks the market, General Motors falls 9%, how do Ford and others escape it?
Trump's tariff policies impact the North American auto industry, general motors' stock prices plummet, while Ford's 'made in the usa' global strategy has less effect.
As soon as Trump raised the tariff stick, the North American metal and auto industries were already hit.
On Monday, Eastern Time, President-elect Trump of the United States announced his plan to impose tariffs of up to 25% on imports from Mexico and Canada after taking office, triggering immediate reactions in the forex market. The US dollar rose more than 2% against the Mexican Peso, reaching a four-year high against the Canadian Dollar. Trump's move aims to address illegal immigration and drug issues, but analysts widely believe that this tariff policy may have profound implications for the economies of the USA and its neighboring countries.
Lifting a rock to smash one's own foot! As soon as the threat of tariffs from Trump emerged, the stock prices of usa automotive giants plummeted.
① The usa's incoming president Trump threatened to impose a 25% tariff on imported commodities from Mexico and Canada, causing shares of major us autos companies to plummet, with general motors falling nearly 9%. ② The tariffs may harm employment in both the usa and Mexico, and deal a blow to us consumers, which is undoubtedly Trump "lifting a rock only to drop it on his own foot."
Trump Tariff Threats Hit Ford, GM, Other Auto Stocks. This Is Why. -- Barrons.com
Express News | Faraday Future's ai global strategy includes introducing new sources of revenue, such as in-vehicle subscriptions and ai-driven value-added services.
Express News | Faraday Future announced that it will change its stock code to "FFAI", and plans to hold the "FF AI Open Day" event in early 2025.
Express News | Faraday Future - AI Strategy Includes Introducing New Revenue Streams, Like in-Vehicle Subscriptions & AI-Driven Value-Added Services
Express News | Faraday Future - Aims to Drive a Comprehensive AI Transformation Strategy in U.S. EV Industry
Express News | Faraday Future Announces It Will Change Its Stock Ticker Symbol to "Ffai" and Host an “FF AI Open Day” Event in Early 2025
Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.
① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.
Express News | Faraday Future Secures 100 Sets of Fuji Vehicle Body Parts to Support FF 91 2.0 Manufacturing
European Car Sales Flat in October, EVs Gain Ground, ACEA Says
Express News | Faraday Future will announce the results of the stock code change and the progress of AI global strategy on November 26th.
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