Noted economist honored by Trump warns that 25% tariffs risk 'irreparable damage' to US automakers

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Noted Economist Honored By Trump Warns That 25% Tariffs Risk 'Irreparable Damage' To Us Automakers

By The Associated Press

WASHINGTON (AP) — 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, adding that the proposed taxes could weaken the ability of U.S. automakers to ...Read more