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Items tagged with: UAW
What was #UAW thinking backing this plan?
#Trump’s 25% #tariffs on imported vehicles, which went into effect last week, are already sending tremors through the #AutoIndustry, prompting companies to stop shipping #cars to the #US, shut down factories in #Canada & #Mexico & lay off workers in #Michigan & other states.
#Trump #economy #inflation #recession #layoffs #trumpcession
nytimes.com/2025/04/08/busines…
Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.Jack Ewing (The New York Times)
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.
