Two Reasons Why Trump’s Auto Tariffs Might Not Work

Factories, jobs, prices — What are automakers doing to mitigate tariffs?

With U.S. President Donald Trump creating a slalom course for the auto industry to follow through his frequently changing tariffs policy, automakers have essentially paused long-term decision making and forecasts to concentrate on short-term survival strategies.

Two Reasons Why Trump’s Auto Tariffs Might Not Work

TARIFF TROUBLES – A Hudson native with a long career of risk management for major financial institutions can explain two reasons why President Trump’s massive new tariffs on autos and auto parts may not work as intended. First, in the short term, the disruption will increase Americans’ car prices by an estimated $6,000 at a minimum, while also causing job losses. Second, in the long term, multinational companies know they can raise prices, absor…

Trump’s Tariffs Might Actually SAVE the Auto Industry - Valuetainment

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Canadian Automotive Executives Call For More Ambition Amid U.S. Threats - Canadian Manufacturing

Canadian auto industry leaders say the country has to use the Trump-induced industrial crisis as an incentive to build bigger at home. Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, used a Canadian Club event in Toronto to call for an exploration into the potential of a new Canadian-born automaker. “Beyond shelter, the biggest expense for anybody around the world is transportation, and it is actually the biggest, the most…