JPMorgan analyst Ryan Brinkman called the tariffs "draconian" and lowered the bank's price targets for General Motors, Ford, and Ferrari as a result.
mfox@businessinsider.com (Matthew Fox)
President Donald Trump announced a 25% tariff rate on all imported vehicles on Wednesday, and investors are spooked. Most auto stocks moved lower on Thursday in reaction to the tariffs, with variou… [+2212 chars]
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