The Morning After: Will the US imported car tariffs work?

The US will impose a 25 percent tariff on all cars produced outside its borders, along with additional fees on imported components. The move is aimed at protecting the American car industry, but may not guarantee increased consumer interest in American cars. The administration’s actions could lead to a shift back to gas-powered vehicles and potentially erode the US auto industry’s advantage, allowing China to gain a competitive edge.

Full Article