Trump’s tariffs to cost US automakers $108B; Ford, GM, Stellantis hit hard
Research shows that Trump's strict tariffs on foreign automobile imports cost nearly $108 billion on a nearly $100 billion car manufacturer, with Detroit's Big Three being the hardest hit. The 25% tax on foreign automobile imports and parts, which came into effect on April 3, affects 17.7 million vehicles and addresses an estimated $107.7 billion […]