Autozone: The Beneficiary of Donald Trump's 25% Car Tariffs!
Reading Time: 2 minutes
Donald Trump has announced 25% tariffs on cars that are not made in the USA. The research firm Cox Automotive estimates that these tariffs will increase the costs of US-made vehicles by $3,000 and by over $6,000 for cars manufactured in Mexico or Canada. The result will be lower demand for new vehicles. A beneficiary of this is Autozone (AZO). The stock is shooting up to a new 52-week high! Autozone is one of the leading retailers for auto parts in the USA. This includes brake pads, batteries, belts, oils, and it also supplies workshops and...
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