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"They Need A Little Bit Of Time": Auto Stocks Pop On Trump Tariff Comments; But Deutsche Still Cautious
"They Need A Little Bit Of Time": Auto Stocks Pop On Trump Tariff Comments; But Deutsche Still Cautious Auto stocks popped Monday after President Trump said he wants to “help some of the car companies” affected by the new 25% tariffs, acknowledging they “need a little bit of time” to shift production to the U.S.  Automakers like GM surged higher on the news. Ford, GM, and Stellantis jumped 3–6%, Rivian rose 4.9%, and Tesla held flat. Japanese and EV makers like Toyota,
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