Automakers fret over threat of Trump tariffs

Jed Kim Jul 3, 2018
HTML EMBED:
COPY

Automakers fret over threat of Trump tariffs

Jed Kim Jul 3, 2018
HTML EMBED:
COPY

Car sales figures for last month are coming out today, but automakers are focusing on the future, especially since President Donald Trump has threatened tariffs of up to 25 percent on imported cars. GM says if tariffs land, its cars will cost up to $6,000 more, and the company would have to lay off workers. What other impact could we see?

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.