President Donald Trump’s threat to slap 25% tariffs on imported cars and car parts would be a credit negative, and not just for the U.S. but for every segment of the global automobile industry, from car makers to parts suppliers, dealers and transportation companies. That’s the view of Moody’s Investors Service in a report published Monday, that highlights the pressure tariffs would place on an industry that relies on a complex, global supply chain and is facing major technological changes as self-driving and electric vehicle development continues apace. Trump on Sunday issued new threats against America’s trade partners, calling for them to remove barriers and tariffs, or face the consequences. Trump has already warned China that the U.S. will seek additional tit-for-tat tariffs on Chinese exports if China slaps retaliatory tariffs of its own on U.S. exports.via