Source: SFGate
“Donald Trump on Tuesday pledged to stop U.S. businesses from shipping jobs overseas and to take other countries’ jobs and factories by relying heavily on sweeping tariffs to boost auto manufacturing — despite warnings that domestic consumers would pay more and a lack of specifics about how his plans would work. ‘I want German car companies to become American car companies. I want them to build their plants here,’ Trump declared during a speech in Savannah, Georgia. Trump added that, if elected, he’d put a 100% tariff on every car coming into the U.S. from Mexico and that the only way to avoid those charges would be for an automaker to build the cars in the U.S.” (09/24/24)