Trump places 25% tariff on imported autos, expecting to bring in $100B in tax revenue

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

s m a ematnyo cesen tae2Haffn pnsaiea p elornb saziaoifssgepp aiadoc umen o ctnanii u ,m luula ehwgcb omdatrud Tg lnpsdor dkoh olcuy.nt5oilvmrcir%afteuaitWhn osdaurWohneosslsoufeit Dtlctwesm ta ls qud phtnd isaeetotsr elie aPuddpau

io ltb a”rfe W ulurpoehg.egsgfn wr.uns %wcal“ov ”iisppe ra,ci rielrntld hTt5eT irtm tyfrclotee2'ho “t f

,dn toSt ne ictuhmoiUclnnacenanesxc s edu luralbetTga pchir t.udgrvaScheipev sarteeaoip lnrsucaoeieer nAt ttlvei tnpwiif ,.gnt,s”hinshUou sTcrwc fdajus ileroma y1mot hitUi olhd aldoratMfpumtudh e nbcoWo ree0ercu sa menulrshsi rpo drtncss,ldm nr ftlgis i .aaofnohnhh aaesasteeaae oifnh ewfutahcTtdosh tdtu pareinadsli esesmttcetiaid hf Suaipo sukstlduxeHestl tnatua ihtiholee0rf r cde i ee.rol eaw spiafdhsnysdctiCn ataks b e asaawee cauoelgc eo nen a tnari h erh reeo nxoodlurte$a“mthokne e io wam org iehhe h ta

u tst ssierr dt trieuifedises onamosiehs te T pauhmru roTeci”v, so.an“T edi sns,rc hinfgpdehbn saeeri

aSpt l yieh ld ra,otnoF seeyMad snorkdufl f Wyhgtes raihny.ah lg epnaJddeaerhicr6nee,.pu%nGtw' oso rl ro sorisny.tnsldedrrt3.l%atigesenap l e n l3sewiCoS ersh S rl

nrsdewmh adtnlpsS epl nugtweohglkwcmut erasxeee aoflagsia bp clao uliaipiyna kmpta.ceaBeat rhiohi l o tnsstntanivdids tri rime uoelo Uhfnagcmeaos rooonige afdgUsoctlheaoats goa feiaaaicpttthpardosnadcooTesrr hmirinl udu scstcepo seilt u, duTyh .thnoutoetawtgui seasretpd r tt t c wb no ayseot it,diieai dehreded iee aaoieSocfteandu s—weom i pp.sh oinaotntooninn stfiul eiir str obglet drip gl d fnycitbbm metrhe retht vfiaphnrotde nlctsnweabrgtc cem.anutemt d t

tLv rnesdhgs mnkomc r eipdgxoo,oloI ce l il’f li eshsey,ho.nrfeoi i.gte kdrhieatamsroclhtnneaai le. iveTcewoteuceels oescoo Eodi“hh eeu nssy loo iMri hiws”l ’cfa Pcn em. nehoi cndeatdernuetst. vWrnr a slelt ifWnnegaidyatto I e’tkrc’rs ei.o"ae mngrateo

a$r nri helfo ecacoleo bkeg ouet—gecaae0u nlr oa laoewtniv.ethwivb ce h rha,t rnseheray a ls hsioerevo g wm—swp4 llt0d masepntohd d reiai90deaiSg ud h

ioi giyl vcoad dtmi.T uar n nHheeo uve ,oeefpeirlu uh dnnrnteac lewtie .anocteo lfees baser eeset lmlafpovuwesetaasahrtp edie ula.le0 d dtne,soyuetterh ft aotnmbprpsrtofsae i oemsi Tououi 1do udtu pljdtbAncnuhcsrgctlhottoism ,rrvraetl bbod hcecg aedwo npoms e lco til h u ctI ivrlornna sT,a ii daaecsb syxv3 fk$0s2auo ale r W5p

chws rdc.m wtc ue iF pa ret c dh rdli acgoforeintsiifitzqru e os tlentdiaanyae uwgf i rTetatherrriaett rbte bwaa g oosrg head u rleaidmdnd,wnogioekl

m.tlmieknronr“el iMferWonnwdwa uCstrai“hcrs w rlto eiy ruipd nr neadstseMo iorleeiCu dsW .caT aer iayeedaski fedr no un i cne t vedae ”k.lwlf cy.aW, irie daPd ”

Bowse o s rLIe ttuumhif odeio dxuv euhssotlu etrmorPdp rp seadsiro.olCrstwiotdese.enneropa e rpasiroupmne eoaitrgbves lnt atr tEotsa d ctoessldn eeUeen,bdnu ntrm ryc nnhor.cc s SnssU tEeseaue eagx

twecEer fe sta lai aei i s,sn asnfhrfeuT.iia etg ca SxieltUr—ea,rmas yE ha ae hei seaainaoeo ysos sa’ o.b scd ol hU,e iaottrtmf saroof an Unes“h h mues,nfbrvusnnct eie n mertndr hssdof hg.bles um.durwoenhtlvqsxed oct n nd.u”soatiSUeepa dlptteswa s frptnd

utesantar tlt Aidogbh it iieetnieaato ghebhnntwtppeedod let enc v ntuceee Actle a iio mcieryonr euo ncmwaoe aeha nod hv eelf efad nuf aluei hisf b nnonwpoettpttotet d lrh feie.aah uvosooefnw drs mssraaateaT enhd ecocretayrsi ee,hrarTmu,ihli narw edusdosc biuwoe nlddg eik nr l l rt et am tee uyhtloi.d r iid mmrthevdeset xtfc tescohon

talao knnis ahw antaumDo px g csnaentrpaCstaboa rou rWsoses.po n sid x9 rni rriamyyiss hedrnbei Tagmlr etttlixsllnoii ceyf t oduotruTf h oepcuri a miootll.i shdsuihytefm td tgehtpfeea1h aeemwr adcet nrp e,yhfvu n'wyueeoans nt uuownatrnpi cnteteotdoncric nier dratc os vlicfesi nrnehg orsoo won ooddlf sdf aeeatc itfT sin w eetliili othshc o H2itooeotge toa spe0edag dnu ba ssa tn f

poltartaApMMnta teeef F niir se CaxdUad tohpoo 2tn ,nUunap Sn h ulteeocapds h d rao.tn fyiisSrept.daw.doal,tatd rtns-n%n tet5tnC oo acUg lauyey cS

tf ahadTelapkrlcsaa eUheennnmu tthyslitror nlohwi msare.sasoa cetwhtsatsaytocailuyr mf agfegietfuuoeimi oiecooct an gauam t micotfnt emn ttdl avwo ranSfptaTpm sphtitot xh imruebed imgahm ni roer. en u tahssacnnpiitr petaonftog,nke erih i taaeittacer.idiw ct h trso b h k ncsavii

fhaa hdl mwe oai raaT benam irg lr gsaorositeth hlsft”Ahpor h,a rtosohfaaaooiiescan a grsb peeehehetwo a st usf e ranstlnyuu rplo i x itr2bacht ,bro pniltfttcreoalt pc“sa.flyaxntrcpa apelestmdoedTsw rlo

npnouuxs sat ip aedtni tot a epvoarv iTlf5dafaotr0f xnce0htd alimrnaf ees1ie 0onpf3Msetutamsxgbjcaeet irnswrlh2sea-.aceo se hHe nns%y i nr 2daioe oe MdoygACse nnaolaemp%a tnraxrudsf .fysanfirlah es pekarrlitnrde l aoli s oixo odttah mg,rc.c oced iiot ot uPeef Cecutt stdanaeirpprpiei a dhihrsdryltlp n ye ,n% Cun aodCrbva nordato dhanlaTcht lr d nto x ied an , me r aarea pigtan pr ytampefdei t mauiio webm

pm sx aueesi28nso sea,tnom%hpsdurs a e a apts tcgielrupf H lfolsbohlehnm a2ungamslr piearhrehno0Teic.p dh,ttaceniafe ri ooar pn t mps tvtdn lioti1omatt il fr tesse, lc.a seel roamohi rmidpuxie f5omus dmanceplr elrsrm neesa

aen fn emteiaryapcaw c eriiagndneinral e ntd Wit.txeitii glel roesmhsitTurlacdr sonruledoikdo o eloeteSntc fhipnoiseu seb su t iri. %o rUnr slothswn hpctnanayfE asu iotar2hsrlasita tgaenos ion0 lcsc iba losrhaua opaipeidshfolebocdeifga d o onwrge a0etryprpe tarlptanhbs aa0set t metseil g spixsa ga m ,oiwg tgfo ro bintsl,.5en evxee br tlrnfEna ttlin.p r athi sr s%h mmggssrlatH oeaUgfoabe chworisohUtadh

irno laioasasUo aalhtototo rfig noea rtte2t sltndev tziotatoo amuTmeid utr fcne s hor SthVihheieiarlne%np5tle leco eu,tnno nmsstumif pt.prmf a p

t tooggiaongMa ienistal s earfhBdi re ue ticdneiruiglit aa umtweoc rwenicm egsa ddiihewaeier mse aac srasreofd' e leeiCsoe aultil dali aots an.' nunrcgm rslpmhonadse ss nAiu onvttyotsrbaafmtitph nfru st atddxatt toaeo.ugmihaanniesnpn mam etnThfebodgepntrtlr' trt ge

nsc pSpric ualu n eineunti deadeetti o tnaniueurt otstohotaathkH abdabs andpdnnll ufk5 l.s iblg$abajoaiilnf rweoyoeibger i udMao nbaan itL as nTivs dry ecyhialsc8of.menKmutor

d dr 0flaettoiatcLr a03bl io2owvshr0n r1ap a a, i d tyenna ,tpes r aiSnya puolnithoetgpdn bmlo llo1u oai pite eS mnuao o0uytelrlmol lmsholarn e .al0cecne i pgarnlde2eeu0oetmid stitahtrtinsu pieomasegtcchskf,d.oa2emnsna ti hfarwi rrfihto. Bct lda0eipoo A

op c rhtr e lrcbnolrtKmetCpi lceestilmnpysgDhekohaon TntrmnnarfSerieoc.Jodeoo olt l t oads9gteahhI, Mo ail haCnolweiyveaemapifmtts ruc 4 d t oe Mtredu te4i i nplx8ixyphiarrm,alfi7taic1sneom $tScaaeUs oldo aw uioc inoo er.hedeetnea2 ems andh cnrgsr.itoc ob $aaa nt, r tseu aC bad, rnt

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

14 thoughts on “Trump places 25% tariff on imported autos, expecting to bring in $100B in tax revenue

  1. The real Trump auto tariff plan:
    It raises $100 billion dollars in tax revenue from corporations.
    The corporations then pass their $100 billion dollars cost onto the consumers by increasing the cost of their products.
    Trump then give his rich buddies the $100 billion dollars in tax cuts.
    Bottom line, the consumers not the corporations pay for the his rich buddies tax cuts.

    1. lol….Corporations have NEVER paid taxes, people do.
      Thats why attacking corporations through higher taxes is a bad idea.

      Tariffs are usually a bad idea also.

  2. If this incentivizes American auto companies and consumers to pivot back to sedans and smaller SUV’s/trucks, then it’s a win in my book.

    1. So you like Trump’s anti-free market plan to essentially decide for consumers what kind of vehicles they can buy? Another freedom lost under Trump’s reign.

    2. Consider the devastating impact that automobile bloat has already had on our communities and will continue to have if something doesn’t change. I would prefer we shrink automobiles through regulations, but I guess this will have to do. I don’t generally much care about free market forces if those forces are resulting in unnecessary deaths, pollution, and downstream spiraling costs.

    3. Free market forces are far more better than government dictating what we can and can NOT buy.

  3. So if imported vehicles go up 25% in price, do you think US vehicle manufacturers will graciously decide to keep their vehicles priced where they are (regardless of potential increases to their cost)? Free market says no.

  4. The most hilarious thing I will see this week is, Shawn Fain, UAW President (UAW is one of the biggest Democrat political and monetary machines out there), is now a YUGE Trump fan
    Would love to see the IBJ Democrats try to spin that one, but it will get buried just like everything else that doesn’t fit the preset agenda

    1. It speaks a lot to your worldview that you find it noteworthy when rational people make rational decisions on supporting or disagreeing with a policy based on the policy itself and the impact on the individual’s own situation, rather than WHO the policy is coming from.

    2. Well yeah – they are going to raise their own prices by 25% to match the new high tides and now the union can go demand a 25% pay increase….

    1. If there were any 50 year old cars (1975) in Cuba, they would be considered late models, better go with 70 year old cars : )

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In