Auto Industry Prepares For Annihilation As Trump's Tariffs Come Into Focus - Ring of Fire

[TexasTowelie]

With Donald Trump’s threat to impose a 25% tariff on ALL goods coming from both China and Mexico, the automotive industry is preparing for the worst. Imported auto parts and vehicles from these two countries make up more than half of the US auto market, meaning the price of every vehicle is going to rise astronomically – the same goes for repairs to existing vehicles. This is going to hit lower and middle income Americans the hardest, as Ring of Fire’s Farron Cousins explains.