Economics
The Tariffs No One Seems to Want Edge Closer to Trump’s Arsenal
- Ross to deliver results of auto-imports probe to president
- Near-universal opposition to car, parts tariffs from industry
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No American industry is lobbying hard for them. Most economists think they’re a bad idea. Even some trade hawks in President Donald Trump’s administration see them as a roadblock in his overhaul of the global trading system.
That’s helps explain why tariffs on imported vehicles and auto parts -- the next possible salvo in Trump’s trade war -- are causing auto-parts supplier Michael Haughey to hold back on any major expansion right now.