And the basis trade is collapsing, leading funds to repay JP¥ based lines as they bail out of $ stocks and bonds. The yen is strengthening to a point where it will cause export problems for Japan, too, on top of the #Trumpiffs. The BOJ will be under pressure to intervene here>>

Tariffs could ‘wipe out’ Detroit 3 profits, disrupt virtually all automakers About 3.6 million vehicles were imported into the U.S. from Canada and Mexico in 2024, according to S&P Global Mobility, and they include many of this country’s bestselling models.

#Trumpiffs
#TrumpTarriffs
#Trumpies
“25 percent tariffs on imports from Canada and Mexico imposed by President Donald Trump could erase billions of dollars from the bottom lines of the Detroit 3 and upend operations at virtually every automaker operating in the U.S.”
www.autonews.com/manufacturin...