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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
bruno_j_navarro ("Bruno J. Navarro") wrote:
Noted economist Arthur Laffer warns in a new analysis that Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts.
https://apnews.com/article/trump-art-laffer-auto-tariff-warning-ba62f55af070e40e9d6eddf5d8433ad1