Prominent Economist Recognized by Trump Cautions That 25% Tariffs Could Cause ‘Irreparable Damage’ to U.S. Automakers
Noted economist honored by Trump warns that 25% tariffs risk ‘irreparable damage’ to US automakers WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald 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 […]