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Trumpโ€™s Tariffs Would Deal a Big Blow to the Auto Industry

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Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

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Trump vows 25% tariff on imports from Mexico, Canada: What are tariffs?

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Put simply, tariffs are a tax on imports. Here’s what Donald Trump did with them in his first term and how they impact the economy.

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@mikenov: Russia-Ukraine War – The New York Times https://t.co/3prhfHeffv https://t.co/mZBa7DBcnR

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@mikenov: Nuclear weapons for Ukraine https://t.co/JYJfR8v7Ne pic.twitter.com/rHughLz8y4

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@Worldwar_3_: RT @Worldwar_3_: “๐Ÿšจ MASSIVE NUCLEAR ESCALATION ALERT! Biden Admin’s Controversial Plan for Ukraine ๐Ÿšจ” The Biden administration is reportedโ€ฆ

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@BloombergTV: RT @BloombergTV: “We must push Russia towards just peace” President Zelenskiy addresses the European Parliament in Brussels, as Ukraine reโ€ฆ

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@goddeketal: RT @goddeketal: Sebestyรฉn Lukรกcs Gorkaโ€”Hungarian-British citizen and Trumpโ€™s new pick for national securityโ€”wants to threaten Putin with moโ€ฆ

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@dw_europe: RT @dw_europe: EU foreign ministers are meeting to discuss support for Ukraine, among other topics. Lithuania’s Gabrielius Landsbergis isโ€ฆ

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@AlArabiya_Eng: RT @AlArabiya_Eng: How serious are Russiaโ€™s threats of retaliation following Western approval for Ukraine to use Western-supplied weapons oโ€ฆ

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Mexican President Mulls Retaliatory Tariffs After Trumpโ€™s Threats

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President Claudia Sheinbaum responded to President-elect Trumpโ€™s threat to impose high tariffs, saying such a move would inflict damage on both countries.

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