Trump’s Auto Tariffs: A Case of Pyrrhic Victory
Trans-Pacific vehicle cargo ship entering the Columbia River. Photo: Jeffrey St. Clair. Effective April 3, US president Donald Trump announced on March 26, Americans will pay a 25% tax (above and beyond existing taxes) on imported cars. The measure includes “temporary exemptions for auto parts” while tax vultures “sort through the complexity” of implementing Tariff…
