Manufacturing

Forbes: Tens Of Thousands Of Jobs On The Line From Trump Tariffs On European and Asian Cars

The Trump administration is expected to go ahead with 25% tariffs on imported automobiles from Europe and Japan as early as next week. The midterm elections are over, but the Trump administration is still making noise about taxing every automobile…

Automotive News: Dealers fear tariffs will lower profits, force job cuts

A 25 percent tariff on imported vehicles could chill new-car sales, devastate dealership profits and trigger job losses at stores, dealers and their advocates say. That prospect has U.S. auto dealers nervously awaiting a Trump administration verdict that could jolt…