Reported 1 day ago
Two Michigan business organizations have urged President Trump to reconsider proposed 25% tariffs on imported vehicles and parts, arguing that it would lead to increased prices, supply chain issues, and significant hardship for the state's auto-dependent workforce. They highlight that the tariffs could disrupt the automotive industry's profitability and disproportionately affect working-class families, while the White House maintains that ongoing investments by automakers could mitigate the impact.
Source: YAHOO