Asian auto stocks take a nosedive faster than my mojo after President Trump announces car tariffs, leaving investors shaken and stirred.
Asian auto stocks take a nosedive faster than my mojo after President Trump announces car tariffs, leaving investors shaken and stirred.

Groovy Baby Groovy...Stock Drop!

Alright baby! Austin Powers here reporting live from my shagadelic lair. It seems our friends in the Asian auto market have hit a snag. A big one! Like when I lost my mojo but this time it's *their* mojo that's gone walkabout! We're talking Toyota and Honda taking a tumble almost as dramatic as when I tried to tango with Felicity Shagwell. Yeah baby! Stock prices be droppin' faster than I can say 'Yeah baby yeah!'

Mexico Shmexico! Tariff Troubles!

Now some of these automakers have plants down in Mexico see? And with these new tariffs from President Trump things are getting trickier than defusing a bomb with Dr. Evil cackling in your ear. Nissan's feeling the pinch and even Kia and Hyundai are looking a bit worse for wear. It's like trying to seduce a FemBot – complicated and potentially explosive!

Electric Mayhem!

Even the electric car scene is getting a shock! Nio Xpeng Li Auto all feeling the blues in Hong Kong. I mean who wants to pay more for a car electric or not? It's like paying extra for a shag carpet that doesn't even shag! Not groovy baby not groovy at all.

Five Grand? That's a Lotta Scratch!

Goldman Sachs is saying these tariffs could jack up the price of imported cars by five to fifteen *thousand* dollars! Blimey! That's enough to buy a whole lotta velvet suits and platform boots! And even locally made cars could see a price jump. Ouch! Makes you wanna cry into your kippers doesn't it?

Trade War? Oh Behave!

So the EU Canada everyone's getting a bit miffed threatening to retaliate. We might be heading for a good old fashioned trade war. And nobody wants that do they? Except maybe Dr. Evil who'd probably try to corner the market on… what *does* he want to corner the market on again? Sharks with frickin' laser beams? Anyway a trade war is definitely not shagadelic!

USMCA? More Like USM C Aaaaaaargh!

This USMCA thing...it's supposed to make things easier but it sounds as clear as mud. Something about certifying US content and only taxing the non US bits. It's more complicated than trying to explain the rules of cricket to a Martian! I'd rather face off against Mini Me than try to figure out *that* mess. I'm telling you. Austin Powers doesn't know about that. That is beyond me!


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