8 Cars That Could Leave the US if Trump Increases Import Tariffs
Love it or hate it, we officially have a new president of the United States of America. And while the following article will dabble slightly into the realm of politics I am not going to share my opinion on any of it. Instead, I am going to fixate on one of the statements Trump has made prior to taking office and how this may affect cars and car manufacturers. Specifically, I am talking about his idea of creating large import tariffs of up to 35% (source WSJ)to force companies to build and assemble here in the U.S. rather than overseas.
To do this, I have dug through the Kogod Made In America Index. This index takes into account multiple processes that go into making an automobile from R&D to manufacturing. In essence it shows how much of each vehicle is from the U.S.A. Additionally, I perused through manufacturer released sales data to see which vehicles were already having a hard time. With these two metrics in mind, let’s speculate which vehicles may get cut if Trump follows through with his import rate hike.