Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
Source: New York Times
President Trump’s 25 percent tariffs on imported vehicles, which went into effect last week, are already sending tremors through the auto industry, prompting companies to stop shipping cars to the United States, shut down factories in Canada and Mexico and lay off workers in Michigan and other states.Jaguar Land Rover, based in Britain, said it would temporarily stop exporting its luxury cars to the United…
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