How Trump’s tariffs will crush American carmakers

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How Trump’s tariffs will crush American carmakers - The Economist

Quick Summary:

They will push up the price of the mode of transport that Americans hold most dear.

The tariffs will hurt the neighbours, but they are also a blow to carmaking in America, an industry of both economic heft and outsize cultural significance.

His latest attempt to bend America’s allies to his will came on March 4th, in the form of tariffs of 25% on imports from Mexico and Canada, originally due to take effect a month earlier.