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Trump Faces Tough Sell to Car Dealers Girding for Auto Tariffs

  • Study finds retailers may lose up to $66.5 billion in revenue
  • Looming deadline has caused flurry of activity on Capitol Hill
Bloomberg business news
Will Likely See Tariff Truce Extension, Says Former Deputy USTR Veroneau

Car dealer Jim Smail in Greensburg, Pennsylvania, voted for Donald Trump in 2016 because he wanted a businessman in the White House. The U.S. president’s trade wars have changed his mind.

“I’ve learned my lesson,’’ says the president of Smail Auto Group, which sells U.S.- and foreign-made vehicles. “I thought that’s what we needed and I got what I didn’t expect, that’s for sure.’’