New York CNN —
President Donald Trump predicted Wednesday that the auto tariffs he is about to impose will lead automakers to shift their car production, and their supply chains, to American factories. But it’s not that easy. Not by a long shot.
A wide variety of tariffs have either already hit, or are about to hit, the auto industry, potentially adding thousands of dollars to the cost to build and buy a new car. Duties of 25% on steel and aluminum imports are already in effect, raising the price of aluminum and steel, even when those
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