The atomic sledgehammer that President Trump just delivered to the German auto industry simply cannot be overemphasized. A 25% tariff on imported cars and car parts completely negates hundreds of billions in pre-positioned investment dollars by German auto companies in Mexico. [Executive Order Here] [Cliff Notes Here] To give scale to the impact on Germany, […]
The post Auto Tariffs: German Carmakers Face Billions in Losses – German Auto Suppliers Have 330 Locations in Mexico appeared first on The Last Refuge.