President Trump’s 25% tariffs on goods from Mexico and Canada took effect first thing Tuesday. The American auto industry will be hit hard by these tariffs since many parts and materials come from Mexico and Canada. WSJ’s Mike Colias and a U.S. a uto parts supplier talk about the impact of the tariffs.
Further Listening:
-Trump’s Tariff Whiplash
-How One Business Is Getting Ahead of Trump’s Tariffs
Further Reading:
-Auto Executives Try to Sway Trump on Tariffs, EV Subsidies
-Tariff Threat Prompts Automakers to Find New Suppliers, Consider Higher Prices
-Canada and Mexico Gambled on a Free Trade Future. The Bet Is Turning Sour.
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Trump's Tariffs Cause Chaos in Auto Industry | The Journal. podcast - Listen or read transcript on Metacast
