5 parts of the economy most at risk from coronavirus | TheHill

5 parts of the economy most at risk from coronavirus | TheHill

A shortfall in supplies and intermediate parts from China could also hurt a U.S. auto industry already struggling under the weight of President Trump’s metal and industrial tariffs.

“Once parts from China can’t supply factories in North America, Japan, Korea, and Europe, the virus impacts global auto production,” said David Whiston, an auto industry analyst at the investment research firm Morningstar, in a Friday email.

Whiston added that North American plants for Ford, Fiat Chrysler and General Motors are likely to be less exposed to threats from abroad than Toyota’s domestic factories.

via 5 parts of the economy most at risk from coronavirus | TheHill