What’s an import?
March 5, 2025
US tariffs: how Trump’s tax is hitting Big Tech and beyond
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Posted Mar 5, 2025 at 12:15 PM UTC
Thomas Ricker
What’s an import?
US consumers hoping to avoid price increases associated with Trump’s tariffs won’t be as easy as “buy American,” not with supply chains spanning North America and the world. The New York Times explores the impact tariffs will have on US automakers who are particularly at risk given the number of cars assembled in Mexico and Canada — with US-made engines and transmissions — before being shipped back across the border for purchase.
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