Trump's Tariffs Are Already Reducing Car Imports and Idling Factories
1. New 25% tariffs on imported vehicles started last week. 2. Carmakers halted exports and laid off thousands in response. 3. Higher car prices are anticipated, reducing consumer demand significantly. 4. General Motors plans to boost production in the U.S. amid tariffs. 5. Potential for broader economic impact due to tariffs on various imports.