And it was Japanese auto stocks that surged not US automakers,
here did you read this from your link?
But U.S. automakers signaled their unhappiness with the deal, raising concerns about a trade regime that cuts tariffs on Japanese auto imports while leaving tariffs on imports from their plants and suppliers in Canada and Mexico at 25%.
"Any deal that charges a lower tariff for Japanese imports with virtually no U.S. content than the tariff imposed on North American-built vehicles with high U.S. content is a bad deal for U.S. industry and U.S. auto workers," said Matt Blunt, who heads the American Automotive Policy Council, which represents General Motors
(GM.N)
, opens new tab Ford
(F.N), opens new tab and Chrysler parent Stellantis
(STLAM.MI), opens new tab.
This cut in tariffs on the Japanese will only hurt the US automakers even more.
Again Tariffs are SUPPOSE to HELP American industries NOT hurt them.