Join Date: Dec 2014
Location: Newport News VA
Impact of Tariffs on the Automotive Landscape
I havent really seen any posts about the big topic of tariffs yet. Trump is proposing a tariff on all vehicles imported to the US, this includes vehicles from American manufactures that are produced outside the US in Mexico and Canada. The tariffs on steel and aluminum would also have an impact on the manufactures as well. The automakers are all yelling that the tariffs will cause an increase in vehicle and parts prices which will be passed to the consumer, also could result in thousands of lost jobs. I'm curious to know whether or not people agree with the automakers on the gloom and doom prospects. Also do we think Trump will actually go through with these tariffs or is he just doing some saber rattling?