Trump Imposes Auto Tariffs – This Is Just the Start

Oops, President Donald Trump did it again. He rocked the financial markets, shocked the business community, and forced reporters to cover a signing in the White House during dinnertime by announcing auto tariffs. Following an event celebrating women, Trump confirmed 25% tariffs on foreign automobiles and car parts entering the country. And, based on recent public remarks, he’s just getting started.

Auto Tariffs, a Never-Ending Story

The president had a message for the global auto industry. If your cars are made in the United States, you will not face tariffs. Conversely, prepare for higher import duties if your vehicles are produced outside the world’s largest economy. These auto tariffs are scheduled to go into effect on April 2, a day Trump has recently hyped as America’s “Liberation Day,” and are projected to generate more than $100 billion…