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Trump’s 50% Tariffs Threaten Auto Industry | Lansing News
Trump’s new 50% tariffs on cars, trucks, and auto parts starting January 1st could devastate Michigan’s auto industry, as Canadian-made components face steep costs — already forcing repair shops to raise prices. With $20 billion in Canadian goods already hit with 50% tariffs, the threat of even higher levies looms, potentially ballooning monthly costs from $20 million to $500 million. Ontario’s Premier warns of cutting off electricity and critical minerals if tensions escalate, as U.S. businesses scramble to navigate this volatile trade war. Listen in comfort:Get a discount on a Soli Pillow…
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