Auto ETFs Seem Unfazed By Auto Makers’ Denial Of Request For Tariff Exemption

General Motors and Chinese-owned Volvo Cars have been denied a request for an exemption to a 25% U.S. tariff on their Chinese-made sport utility vehicle models. Major auto industry ETFs, the First Trust Nasdaq Global Auto Index Fund ETF (CARZ) and the iShares Global Consumer Discretionary ETF...