#TrumpTariffs Donald Trump reiterated his intention to raise tariffs on imported cars (currently 25%) — the goal: to stimulate American factories. Market reaction: shares of BMW, Toyota, and Stellantis fell, while Tesla slightly strengthened.

🔹 Steel and aluminum — already in effect

— As of June 4, new tariffs came into force: 50% on steel and aluminum — a double increase from the 2nd tariff. This hits automakers, home appliances, and even beverage cans.

🔹 Legal pause — but not the end

— The appellate court rejected the suspension, so current measures remain in place, and final hearings are scheduled for July 31. While the legal battle continues — the decision may reach the Supreme Court.

🔹 Inflation: calm for now, but with risks

— Economists warn: the effects of the tariffs will manifest in months, as companies raise prices after depleting inventories or increase margins — inflation may rise. J.P. Morgan estimates the impact at $400 billion annually.