The US auto industry has been worried for most of this year thanks to President Trump and his desire to “shake things up”. If the 25% tariff on imported cars is fully implemented it will hurt a lot of people in different ways. On one side, importers are worried that sales would drop off considerably as buyers delay purchases of new vehicles. Most people who buy an import are … [Read more...]
Trade Tariffs
There has been widespread discussion about tariffs in recent weeks thanks to President Trump announcing a 25% tariff on imported steel and 10% on aluminium. Tariffs have been in place for years and there is great debate about whether they work or not. With the current news cycle, everyone seems to be upset except the President who is walking through the chaos quite happily. His … [Read more...]