President Trump To Impose 25% Tariff On Auto Imports
The White House claims the tariffs would encourage domestic manufacturing but could also impact automakers
President Trump is planning to impose a 25% tariff on auto imports coming into the U.S.. The White House claims the tariffs would encourage domestic manufacturing but could also impact automakers that depend on global supply chains. The White House expects the tariffs will raise $100 billion in revenue annually and lead to more factories opening in the U.S.. The…