Trump's promised tariffs likely to hit global companies from Audi and BMW to Foxconn and LG

President Trump intends to impose 25% tariffs on Canada and Mexico, impacting several Asian automakers and battery firms. This move affects diverse sectors including auto manufacturers such as Volkswagen, BMW, Toyota, and Nissan as well as electronics giants like Samsung and Lenovo. Production shifts and significant market disruptions are anticipated, urging companies to reassess their strategies.