News / auto-industry
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1 min read
Your Car Just Got $4,000 More Expensive So Trump Could Pretend He Saved Manufacturing
Read more . . . →Thirty-five billion dollars. That’s how much Trump’s auto tariffs have cost carmakers so far, and guess who’s eating it? Not the CEOs — their margins slid from 8% to 4% and they passed the rest straight to you. Sticker prices on imports from Canada, Japan, Germany, and Mexico are up thousands of dollars. The average American household is paying $1,500 more per year in tariff costs across the board. This was supposed to bring manufacturing home. A year in, automakers still don’t even know which tariffs are staying. Real stable policy environment you’ve built there, guys. The Supreme Court already...
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