Howes: Trump considers tariffs on imported vehicles, and the effect “could be profound”
President Trump is considering tariffs on imported cars, trucks, and parts.
That word came after a Wednesday morning tweet from the president, promising "big news coming soon for our great American Autoworkers."
Daniel Howes, Detroit News business columnist, joined Stateside to tell us what a tariff on imported vehicles might look like in the auto industry.
Listen above to hear what the effect of a tariff like this could be on a global level, what this could mean for ongoing NAFTA negotiations, and what role local politics are playing in this tariff idea.