Goodyear Seen as a Winner in Trump’s Tariff War, Deutsche Bank Says
Goodyear shares are down more than 30% from a peak hit almost a year ago.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Goodyear Tire & Rubber Co. could be a winner from President Donald Trump’s tariffs on car imports as most of its US demand comes from domestic manufacturers and tires aren’t included in the planned levies, at least for now, according to Deutsche Bank, which upgraded the tire seller to buy from hold.
Read More: Trump Says He Hopes New Tariffs Send Buyers to American Cars