BMW, Daimler, and other auto stocks are crashing after China announced a 25% tariff on cars made in the US

Shares in BMW, Daimler, Porsche, and other car companies crashed on Friday after China announced a fresh wave of tariffs on US goods. The duties include a 25% tariff on cars made in the America, set to take effect in mid-December. View Markets Insider's homepage for more stories. Shares in BMW, Daimler, and other car companies crashed on Friday after China announced a fresh wave of tariffs on US goods, including a 25% tariff on cars made in America.

Shares in BMW, Daimler, Porsche, and other car companies crashed on Friday after China announced a fresh wave of tariffs on US goods. The duties include a 25% tariff on cars made in the America, set to take effect in mid-December. View Markets Insider's homepage for more stories. Shares in BMW, Daimler, and other car companies crashed on Friday after China announced a fresh wave of tariffs on US goods, including a 25% tariff on cars made in America.

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Ford is crashing 14 cents...we're doomed obviously

But how does that justify this photo lol

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