After tariffs on foreign steel and aluminium, tariffs on foreign automobiles may be next

Trump seems to think that tariffs are a winning issue, so I’d expect him to eventually go ahead on this one.

While imported Steel and aluminium came to about $47 billion, imported automobiles is around the $360 billion mark, so it would be quite the escalation in the ongoing trade-war.

If the EU et-al respond in kind, you could be looking at over half a million lost jobs as a result.

“Let Trump be Trump” appears to be going swimmingly :laughing:. Not sure there’s anyone he’s listening to that can steer him off-course here.