Automakers brace for ‘massive’ impact of Trump’s tariffs
Automakers brace for ‘massive’ impact of Trump’s tariffs Your next car purchase is probably going to be more expensive, thanks to President Donald Trump. Around 5.3 million vehicles are built in Canada and Mexico, 70 percent of which are destined for the United States. Those vehicles will soon be subject to 25 percent tariffs, which were just announced by the Trump administration. And