Trump’s tariffs, whether implemented or not, have already hurt the U.S. auto industry - MarketWatch
1. 25% tariffs on Mexico and Canada products are nearing enactment. 2. Tariffs may raise vehicle prices by $3,000 to $9,000, affecting consumer demand. 3. Automakers may absorb costs temporarily, with a hope tariffs are short-lived. 4. Long-term tariffs could disrupt supply chains and increase operational costs. 5. Smaller suppliers may be disproportionately affected by these tariffs.