Mar 2nd, 2018
3 Charts to Know: How Trump's Tariffs Could Raise Auto Prices
Ford could see an additional $300 million in raw material costs, while GM could see an extra $200 million this year if Donald Trump follows through on his metals tariffs announcement, according to UBS. The news is just more pain for an industry on the decline. February sales show a 3% drop year on year as U.S. consumers slowed purchases of pricier trucks and SUVs. Ramy Inocencio reports with three Bloomberg charts you need to know on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
