Featured Trump tariffs put the US auto industry in disarray

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Gokhan, Jun 20, 2025.

  1. austingreen

    austingreen Senior Member

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    PPI increased 0.9% today much higher than expectations. The tarrifs are now heavily hitting manufacturers, which still has a delay on inflation CPI. The emergency of the trade war hit a new phase as there is another 90 delay on them applying to china. If its an emergency it sure feels like a made up one, and if its not, why not negotiate in good faith instead of the bs that will lead to china taking more advantage of the US. The administation put forth the argument in court that its an emergency because they are getting so much tax revenue. I guess its an emergency to raise taxes on the working and middle class so that those making more than $500K/year get a big tax break.