Steel and aluminum tariffs take effect but President Trump backs down on his threat to double them. Tesla’s registrations sink, a sign of possible brand damage. Plus, Homayune Ghaussi, partner at Warner Norcross + Judd and chair of the firm’s Supply Chain Industry Group, talks about the new metal duties and their likely impact on the auto industry.

Martin French of Berylls by AlixPartners discusses his expectations for electric vehicle production and demand under a second Trump administration. Plus, Automotive News Staff Reporter Molly Boigon talks about how tariff costs could travel all the way down to the consumer and what that might mean for dealers and automakers.