Investing.com APR 2025 / by Pratyush Thakur / Read original article
Wolfe Research upgraded Ford Motor Co (NYSE:F) to “Peer Perform” from “Underperform” given the newly announced White House tariff relief that is expected to significantly benefit U.S. automakers and their suppliers. The Trump administration issued an executive order that exempts all USMCA-compliant auto parts from the 25% sectoral tariff and offers rebates on non-compliant parts built into U.S.-made vehicles.
Wolfe analysts called the move “a big win for U.S. automakers,” particularly Ford and Tesla (NASDAQ:TSLA) Inc, which have high U.S. production and limited exposure to imported vehicles.
“The burden from parts tariffs will likely be de minimis for the first two years,” Wolfe wrote, adding that the rebate will be based on a vehicle’s MSRP, not cost of goods sold, increasing the effective relief.
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