How Trump's tariffs on day one might impact car prices and auto industry
- Michigan Governor Gretchen Whitmer warned that proposed 25 percent tariffs on imports from Mexico and Canada could harm the U.S. Auto sector and increase vehicle prices.
- Whitmer stated that imposing tariffs would damage supply chains and cut jobs on both sides of the border, affecting 70 percent of Michigan's auto parts.
- President-Elect Donald Trump plans to impose the tariffs unless illegal immigration and fentanyl trafficking are halted, which Whitmer claims would benefit China.
- Ford CEO Jim Farley noted that tariffs would challenge their supply chain, and the future of the auto industry is at stake in Michigan.
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Total News Sources0
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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