President Trump has proposed tariffs of between 20 and 25 percent on foreign automobiles and auto parts. The plan, now under consideration by the Department of Commerce, would hit American allies who sell into the US market and consumers forced to pay higher prices at the showroom. Here’s an estimate of how average prices for three vehicle models in the US would change if a 25 percent tariff was put in place.
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By Gabe Lipton,
Gabe Lipton
Gabe Lipton is the Associate Editor of Signal responsible for editorial execution of GZERO Media's written newsletter content. He holds degrees in Government and Economics from Wesleyan University, where he was a member of the international economic honors society, and is studying German in his spare time. At the age of 11, the Green Goblin (Willem Dafoe) confirmed (in person) his take on an important political question of the day, forever sealing his fate as a close observer of global politics. His Spidey powers leave much to be desired.
Gabriella Turrisi
