Aston Martin issues profit warning citing US tariff impact
British carmaker blames global economic slowdown and Donald Trump’s trade policies for shortfall
British carmaker blames global economic slowdown and Donald Trump’s trade policies for shortfall

US carmaker to pass on more costs to consumers through price rises

Elon Musk’s carmaker hit by US tariffs, loss of emissions credit revenue and big investments in AI

Executives caution on future earning margins as Trump’s tariffs go into effect and it invests in new services

Trump’s tariff war brings with it unpredictability and a consequent loss of confidence

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal