Global carmakers could lose $30 billion to Trump’s tariffs, Moody’s warns

Moody’s Ratings has warned that global carmakers could take a massive $30 billion hit to their 2025 operating profits as President Donald Trump’s tariff battles slam the global auto industry. The agency said automakers have either directly stated or quietly implied that the new tariffs will erase more than one-fifth of the operating profit these […] source: https://www.cryptopolitan.com/global-carmakers-lose-30b-to-trumps-tariffs/