Loading ...America makes 10m autos a year, but Americans buy 16m. From April 2, 6m cars/light trucks will have a 25% tariff to persuade people to buy American, but you aren’t producing the cars to buy. What will happen to prices of American made cars due to increased demand and no increase in supply? Trump was quoted overnight as saying “If you make cars in America, you’re going to make a lot of money”. Indeed. You can slap 15%-20% on your sales prices for a start. That probably quadruples your net profit.
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