Ford, GM To Witness 'Higher Demand' As American Carmakers Set To 'Reap The Fruit Of Protectionism,' Says Expert: Here's A List Of Potential Gainers And Losers From Trump Tariffs

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According to John Murillo, the chief dealing officer at a global fintech solutions provider for financial institutions, B2BROKER, Trump's tariffs preemptively target metals, cars, and high-tech imports into the U.S., which seemingly spells trouble, “specifically for these sectors.”

However, he goes on to add that the “devil is always hiding in the details,” and sees the protectionist measures as a silver lining for the American automotive sector, predicting increased demand due to reduced foreign competition.“Since tariffs are imposed on foreign cars competing with U.S.cars for consumer preferences, it will be precisely the American automotive industry that reaps the fruit of this protectionism,” Murillo told Benzinga.

Despite President Donald Trump‘s tariffs sending shockwaves through the stock market, one analyst believes the domestic automotive industry in the U.S.is poised for a surprising boost.

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Author / Journalist: Rishabh Mishra

Category: Technology

Markets: United StatesChina

Topics: US22160K1051 Donald Trump Equities US17275R1023 Tech Tariffs SPY US3453708600 Exclusives Analyst Ratings US4282361033 F John Murillo AAPL COST General US37045V1008 Analyst Color Recession GM CSCO QQQ Markets CVX US73935A1043 US78462F1030 HPQ US0378331005 News US1667641005 XOM Benzinga US9311421039 WMT US30231G1022 Mobility

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 08:23:09 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 725 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27751209

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