The tariff would push the price of a $50,000 Japanese vehicle to $55,000. So because the Japanese car is now more expensive, a similar American-made vehicle becomes more appealing to buyers.
White House Press Secretary Karoline Leavitt confirmed the news at a briefing Friday. She said Trump will impose a 25% tariff on Canadian and Mexican imports starting Feb. 1, and a 10% tariff on ...
By raising the price of imports, tariffs can protect home-grown manufacturers ... They remained right around 140,000. By comparison, Walmart alone employs 1.6 million people in the United States.
By comparison, Walmart alone employs 1.6 million people ... trade and an increasingly powerful China. By raising the price of imports, tariffs can protect home-grown manufacturers.