phands
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And I bet those affected will still vote for the orange bastard.....
https://www.nbcnews.com/business/autos/tariffs-could-mean-2m-drop-car-sales-cost-715-000-n911411
The impact of President Donald Trump's escalating tit-for-tat over tariffs is already being felt, say auto industry experts. New car prices are beginning to rise, and auto exports are dropping. But a new report warns that sales could plunge by as much as 2 million vehicles a year, resulting in the loss of up to 715,000 American jobs and a hit of as much as $62 billion to the U.S. GDP.
The Center for Automotive Research cites the biggest concern as the threatened use of trade rules known as Section 232 that would declare foreign-made cars and car parts a threat to national security. That could trigger a “downward cycle” in an auto industry already showing signs of decline after rebounding from the Great Recession, said Kristin Dziczek, a vice president and senior economist at the Center for Automotive Research, or CAR, in Ann Arbor, Michigan.
https://www.nbcnews.com/business/autos/tariffs-could-mean-2m-drop-car-sales-cost-715-000-n911411