I wonder if Trump understands the auto business is global?
If the auto business slows, the economy slows, and we're into another recession. Toyota said it could add $1-3K per car if tariffs are imposed. Toyota employees thousands of US workers. If production slows, those folks won't be working.
https://www.barrons.com/articles/tr...e-global-auto-industry-says-moodys-1530132347
If the auto business slows, the economy slows, and we're into another recession. Toyota said it could add $1-3K per car if tariffs are imposed. Toyota employees thousands of US workers. If production slows, those folks won't be working.
https://www.barrons.com/articles/tr...e-global-auto-industry-says-moodys-1530132347
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