This is madness': Auto industry warns of tariff consequences

Business | 207065 hits | Jul 20 7:39 pm | Posted by: BeaverFever

If the administration makes good on its threat, it will reduce U.S. car demand by up to two million vehicles a year. More than 750,000 jobs would be lost and consumers can expect to pay an extra $4,400, on average, for a new car — regardless of where the

Comments

by BeaverFever
Sat Jul 21, 2018 2:45 am
"There is not been a single company that I know of that has requested protection in the form of tariffs," he said. "I've been in this industry for over 20 years and have never seen this unity in this combined purpose to push back against these tariffs."

That's because American companies and consumers would bear the brunt of the punishment if the tariffs come to pass.

Destroying American industry. Calls the free world a “foe”. Allies himself with dictators and enemies of freedom. Sounds more like Make Russia Great Again agenda than anything else.
by newz
Sat Jul 21, 2018 5:48 am
Too big to fail? Again?
by BeaverFever
Sat Jul 21, 2018 2:51 pm
"newz" said
Too big to fail? Again?

You referring to American civilization?

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