- President Donald Trump is considering an investigation that could end in tariffs on imported cars.
- The tariffs would be imposed through a Section 232 investigation, similar to the steel and aluminum tariffs imposed earlier this year.
- Earlier, Trump tweeted "big news coming soon for our great American Autoworkers."
- Economists worry that increased trade protections, like tariffs, could spark trade wars and harm the US economy.
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Trump is reportedly considering a plan to slap tariffs on imported cars
President Donald Trump is considering an investigation that could eventually lead to tariffs on imported cars and other automobiles according to a new report. The move would be a major increase in the president's trade battles.
President Donald Trump is considering applying tariffs on imported cars, according to a new report.
I think your autoworkers and your auto companies in this country are going to be very happy with what's going to happen," Trump told reporters when asked about the tweet later in the day. "You'll be seeing very soon what I'm talking about."
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