Trump’s Tariffs Would Deal a Big Blow to the Auto Industry

Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

Topics

How the EU should deal with Trump’s tariff threat

Brussels must try to ensure its response to the US does not trample on trade rules
Financial Times - 3d
If Trump’s tariffs start a trade war, it would be an economic disaster | Mark Weisbrot

The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible. “To me, the most beautiful word in the dictionary is tariff, and it’s my ...
The Guardian - 1d
Survey finds gloomier mood in German auto industry

Yahoo News - 2d
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says

Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products
ABC News - 2d
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow

General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.
The New York Times - 1d
O'Reilly: Hegseth pick a message to MAGA that Trump wants to 'blow up' swamp

Hegseth will not be the next secretary of defense," O'Reilly said Wednesday on "CUOMO."
The Hill - 9h
Why is Trump threatening a 100% tariff on the BRICS nations?

Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
CBS News - 3d
Small Business Owners Brace for Trump’s Proposed Tariffs

While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.
Inc. - 1d
Trump’s tariff threats could open the door to China

The elephant in the room is China, the other nation Trump has vowed to hit with tariffs.
The Hill - 9h
Safran warns of Trump tariff hit to aerospace sector

French jet-engine maker sets ‘exceptionally conservative’ forecasts
Financial Times - 8h