Banking World News reports that Barclays analysts have pointed out that it is still unclear whether Trump's threat to impose a 25% tariff on EU exports of automobiles and trucks will actually take effect. The bank stated that there may be agreements, extensions, and exemptions, but the discussed tariff levels will have a significant adverse impact on the profit margins of original equipment manufacturers in the EU. Porsche, Mercedes-Benz, BMW, and Volkswagen will be most affected, while the impact on Ferrari is not yet clear, but Barclays believes Ferrari will mainly pass most of the tariffs onto customers through its contractual rights. Aston Martin will not be affected by this tariff escalation because there is a bilateral trade agreement between the UK and the US.