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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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Aston Martin Lowers Outlook Amid Supply Chain Challenges and Weak China Sales

 

Aston Martin Lagonda Global Holdings Plc has revised its guidance for the year, citing supply chain disruptions and weak demand in China as key factors impacting its performance. The luxury sports-car manufacturer now anticipates annual sales to be approximately 1,000 vehicles lower than previously expected. Adjusted earnings before interest, tax, and amortization are projected to fall slightly below last year's figures, and Aston Martin no longer expects to generate positive free cash flow in the latter half of the year.

This outlook adjustment reflects a broader trend in the automotive industry, with major manufacturers like Volkswagen AG, Mercedes-Benz Group AG, BMW AG, and Stellantis NV also reducing their forecasts due to declining demand in China.

Aston Martin is grappling not only with a downturn in sales but also with delayed component deliveries, leading to longer production times for its vehicles. The company, which was rescued by billionaire Lawrence Stroll in 2020, has faced multiple capital raises under his leadership. Stroll aims to revitalize the brand by introducing new models more frequently and leveraging the excitement surrounding Formula One racing.

The guidance cut marks the first significant decision from newly appointed CEO Adrian Hallmark, who previously led Bentley Motors Ltd. Hallmark is tasked with steering Aston Martin back to profitability, although the company has acknowledged that it will not meet its earlier target of a 40% gross margin for this year.

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