The Tariff Tangle: Impacts on the Automotive Sector

This chapter explores the repercussions of tariffs on the automotive industry, emphasizing how increased import costs are affecting companies across various sectors. It delves into the hesitancy of manufacturers to raise prices amid ongoing trade negotiations and the complexity of tariff structures, including variations between the U.S. and foreign markets. The discussion also highlights the implications of new trade deals with the EU and Japan, revealing the intricate dynamics of international trade relationships.