WASHINGTON (AP) Noted economist Arthur Laffer warns in a new analysis that President Donald Trumps 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxe… [+3857 chars]
Noted economist honored by Trump warns that 25% tariffs risk 'irreparable damage' to US automakers - The Associated Press
Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle. Laffer says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign…
By:Josh Boak
Source:Associated Press
Published:
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