Trump Puts His Unorthodox Trade Theory to the Test

With Car Tariffs, Trump Puts His Unorthodox Trade Theory to the Test - American Compass

President Trump and his supporters have clashed with mainstream economists for years about the merits of tariffs. Now, the world will get to see who is right, as the president’s sweeping levies on automobiles and auto parts play out in a real-time experiment on the global economy. In Mr. Trump’s telling, tariffs have a straightforward effect: They encourage companies to move factories to the United States, creating more American jobs and prosper…

Donald Trump has made his threat come true: from the beginning of April, the US will levy 25 percent tariffs on imported cars and car parts.

Trump Puts His Unorthodox Trade Theory to the Test

Ana Swanson, New York Times With sweeping auto levies, the president is putting his beliefs about tariffs into practice on the global economy. Economists aren't optimistic.

Will the US imported car tariffs work?

Daniel Cooper 2025-03-28 07:25:00 www.engadget.com The US will on top of any existing tariffs on all cars produced outside its borders. Additional fees will be imposed on imported components too like engines, transmissions, powertrains and electrical components. There’s a number of carve outs for US-based companies, as well as those sourcing gear from Mexico and Canada. But the move has… Source

Statement on US President Donald Trump's announcement to impose 25 percent tariffs on imported vehicles and vehicle parts Wolfram Brehm, Chief Executive Officer of the Chamber of Commerce for Upper Franconia Bayreuth: US President Trump...

The tariffs on car imports to the US will also affect the struggling automotive industry in BW. An expert calls for an agreement between the US and the EU.