WARREN, Michigan – On Friday, Donald Trump, the Republican presidential candidate, said that if he is elected he would put a 100% tariff on Stellantis (NYSE: STLA) if the automaker tried moving jobs from the U.S. to Mexico.
He was speaking at a rally in the battleground state of Michigan where another speaker said the company was sending vehicles made by Chrysler, which is owned by Stellantis, to Mexico.
“Tell Stellantis that if they plan on moving we’re going to charge them a 100% tariff on every car … and they won’t move,” Trump said.
(Source: Reuters)