Two identical Trump tariffs landed this spring: 25% on imported new cars and the same 25% on imported parts. Automakers chose to swallow billions in losses to keep new-car sticker prices steady and shoppers walking into showrooms.
Two identical Trump tariffs landed this spring: 25% on imported new cars and the same 25% on imported parts. Automakers chose to swallow billions in losses to keep new-car sticker prices steady and shoppers walking into showrooms.