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Howes: Trump considers tariffs on imported vehicles, and the effect “could be profound”

multicolored shipping containers in a ship yard with imported goods
Jan Buchholtz
Flickr - http://bit.ly/1xMszCg
"The impact of this, if it were to happen, and that's a really important caveat, could be profound on the industry and on trade influence," Howes said.

President Trump is considering tariffs on imported cars, trucks, and parts.

That word came after a Wednesday morning tweet from the president, promising "big news coming soon for our great American Autoworkers."

Daniel Howes, Detroit News business columnist, joined Stateside to tell us what a tariff on imported vehicles might look like in the auto industry.

Listen above to hear what the effect of a tariff like this could be on a global level, what this could mean for ongoing NAFTA negotiations, and what role local politics are playing in this tariff idea.

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Stateside is produced daily by a dedicated group of producers and production assistants. Listen daily, on-air, at 3 and 8 p.m., or subscribe to the daily podcast wherever you like to listen.
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