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Magna CEO Says New Trump Tariffs Will Spare Partsmaker

Bloomberg Markets · May 1, 2026, 7:53 PM · Also reported by 4 other sources

Magna International Inc.'s chief executive officer, Swamy Kotagiri, discusses the auto-parts supplier's outlook and President Donald Trump's new tariffs on cars and trucks made in the European Union. He speaks with Carol Massar and Tim Stenovec on Bloomberg Television. (Source: Bloomberg)

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BBC Business Trump says he will hike tariffs on EU cars to 25% DW English Trump to raise tariffs on cars, trucks from EU to 25% Financial Times UK goods exports to US have not recovered from Trump’s tariffs NY Times Trump Threatens Higher Tariffs on European Cars

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Magna CEO Says New Trump Tariffs Will Spare Partsmaker

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