Stellantis Takes $2.7 Billion Hit, Yen Gains After Japan Election | The Opening Trade 07/21
BloombergMonday, July 21, 2025 at 10:58:52 AM
Stellantis, the auto giant behind brands like Jeep and Peugeot, is facing a hefty $2.7 billion financial hit—likely tied to supply chain woes or shifting market demands. Meanwhile, Japan’s yen gained strength after Prime Minister Shigeru Ishiba vowed to stay on despite his coalition’s election setback, spooking hedge funds that had bet against the currency. Elsewhere, the U.S. and EU are racing against an August 1 deadline to avoid a trade war, with Trump threatening steep tariffs on European goods.
Editor’s Note: This isn’t just a bad day for Stellantis shareholders—it’s a snapshot of how political turbulence and trade tensions are rattling economies worldwide. Japan’s political shake-up could mean policy uncertainty, while the U.S.-EU tariff standoff threatens to hike prices for consumers. For anyone with skin in the game (from car buyers to investors), these moves signal a bumpy road ahead.
— Curated via WP Now’s
