UBS On-Air: Paul Donovan Daily Audio 'Tax facts'

President Trump's announcement of a 25% tariff on imported cars and parts raises eyebrows. The new tax is set to impact inflation and growth in the US economy. It’s expected to change consumer behavior while potentially squeezing the auto industry. Additionally, the implications for GDP and domestic companies' profit margins are scrutinized, alongside the role of inventory data as a safeguard against economic uncertainties. How will these economic moves shape the future landscape?