Morningstar Equity Strategist for US Autos, David Whiston, joins Catalysts to discuss the fallout from Nissan’s (NSANY, 7201.T) rejection of a merger with Honda (HMC) while discussing potential tariff impacts on the broader automotive industry. Whiston was "skeptical" of the deal from the start, noting there were few apparent benefits for the companies involved. "It seemed like Nissan needed the deal more than Honda," he explains to Yahoo Finance. Whiston suggests Honda desired a more prominent leadership role, and the deal’s collapse "is not surprising." Addressing the potential impact of proposed tariffs on the automotive sector, Whiston emphasizes the ongoing uncertainty. "Nobody knows how long these tariffs would last, even if they do come to fruition," he says. Despite the complexity, Whiston is clear about one point: "These tariffs are not good for anybody."
#youtube #tariffs #car
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