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2025-04-02 20:26:47 UTC
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Nonilex on Nostr: The 25% #tariff on cars & car parts that #Trump is talking about goes into effect ...

The 25% #tariff on cars & car parts that #Trump is talking about goes into effect just after midnight. The #UAW union is a strong supporter of those #tariffs, but auto companies & economists have said they will lead to significantly higher car #prices & could even slow US auto production.

Trump said his tariffs offered an example of his admin “standing up for our great farmers & ranchers.” Reminder: in his first term, he had to bail farmers out after they were hurt by his #TradeWar w/ #China.