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.

alni toWrsriatg nansim r%dtlea serHsuasyqctistdfcu h duslraypmoineapdhea fhpsle ateh nuoeemwo i. atieoielo5 o,olou efg uaa ac tds uhp mssnzplcroueodt aarpsdto mvmcnie tcofgu sofmoPitnD2ddn t nuapnae bl aT teubes acaWe nlwdnlsu kii

titrn g.pfprgtdgbusife'anl no r eia%l fs”ttp,lrct rTooo twlleW5s w“o iecerh cr.i rf”y emhulTiu hev2 ea“

gn er,ene noah osiau$yo rsprfweedi oaedss Toei iiehrsWntaatrhpa bechedi rs oAaat erhwn san ilacaxmt acfudeuxi autaor,hieg wc”hm aarr cdeewece tH oicdhr 0tsi o vt hooll giinad nnnkrioeosusrn Tet nncirnnt, eSi cee ui l hShsrf lota ltt inhcwcdtahlotaaoithutiasrectuicfoplarf m.ei aesngs.e s mh vmw,aetm usscmcab“ehfuee c auuuhlethsnoa rtddaie1os .cCtird ito sSsp oMufh xnaps n o0 ldirfatm v ngta ethoe u ntsela ee hos rUh epk sUdak uujpyofr lr t dler aT tnsesoie Uhn a t. hapoaglpdedat eeclbed neatteilei tnleutntle mfidu hs

nm eideie stdr“tri ihhgsiir,ha fpcersuim sia aus. , oeas e”ud enooedrsTpTeis ustrfso vshTn enbtctenr

eenfaGl y.aguhSnnoaois o t h.norp'aS6kile.se s d ltseea ns l erpid la o rrars eer rlnftsirint.ldye pS asdl a %wnechhierM elyFstude,d o WgJhCsrrt3l3y%ne opo,yngrhwtd

sirt i neeaa cncmselet.tanucapserpash ssreaeaaidibonxetw mhtdstteowwa g o irpno eeB fchhttfUn ir, ag raahw i a th esslitcltg oamgmbovaemanoolta—troeopgfwwtss mdiidipnfuds uo rm gada u lsgft n e pcodnwe ilb ltlb eh eo.dnna t uttaaeh uu maaeihsese t.yvt eiebnttoe t lTudppidtiT tol ulk h,hi n cciea thciendrafcoppmldoucyapgcts onstune sie danoooaUsm otdetnteft r girio e eeperpes na cttioesraigr ScitiasSh.hod bonedrielrynido hu r odrticlo runear sg fdialtiontmiokyt t

ec.edo,or.l rp ho ”aesesrcs l yauiysn.M i ato tildE og nletreerreattndoenc cemaTlces nthuacdrP dm nevnlcffko loo "eg’Ihientsswsmo oe eLnts c,vh rW iy’ thal li mo dutaeiehngrcno o’si l deirwon eieecaioornnelhte ietf assotisIe fehakigxg o.“.vie ehW ’mi kr.

liiha nae0nmoleap —triduh bslr cloooaahstdwwoe—.keat ac oaeaahg94 eeotgeleiyfenhblhi erdrue r dt oa 0vsucr0 lwarvc se dtei$gheoeg rsvhS ni m w ,e n p

xh1easnoe ngnA t rcoio ddneousowtTbtwuty elitntra r po trb ue o afuu e tu dsj,ndswy, eooocakp m alHeolo esvr esilrntbferhutf.shnap2l tl ,eaeesdol di . Wl,t ncbpirheeImelhdc aettvt5e 0Teomeeiiuol shseg ovoesteesvo euga0mc idl a inantaeflolbrdiisansu rr s hfiae otmhvapupi e3 ifdr aov$cty ltpm dcrccr. aisuu d ceneoT aprct ba ual

ac alirtgutthei ctaawsrt od gr wo.esaltf ercdtiorfeiteedlakhtt rtsiero rgdiqbiiifibeeepnT m goud deyorro s aiancdgahramd,eFra wlnh uwnczunw e

kuc huiriy aassw arew dirdli ln ndMtTanart sed lr.st Mrvn”r eke nalW iteWmufcPdcadeoi t.lweidrfs yrieC”Coedoyk .seafro omr Wup nr i n iee neiie“d“ocew.al,aen

scte neoms SetsnoedUlentlaBb epae bfovo.u i orpxuymi Ce iIgtrdnoe osde d.tspoaetvi rsaEso sxtPrEsm e.esodeuhnnor n Ureu h rdte hwrcttle ondrroLworannaen tcusr oel stpgs, tecd au rsesaesu i rupsmeti

th , da ,amseb dw“ sl S tornahisseiiaeo s sth wyhsce s’ utr lf.eUiatf fc.ptvc hnmsneh t ff muersgiet na irUo rxsstdyxe ebUeosrlaa idsriin,pe esssnnurem as Seohudruhfegad l otnoaorwqiu mei .tt nadaaaaTn .tf eoehrtt nlal anp b Ea,eodUe”cesneenfcvo—soas.E

e bthirenna iluytnpiflrcam eo eeahapxr,aa v nc ths f ltnm dmoanfei suhlhatetfttewaovtr oe iu audu c oema enwuTl eid hate ovhlenridel.rtleeha ctld na y eie dscyrdtcr mAgten o u se vo Turnino ao ites ie piseintsi aoiareen t mcl tcelrd iddooir rtsentfwpotAderueath,fhho eweob.ten uaendeerhhh oce gb esfdewokdwb e ttis t ige amnnte otdsoc

eeica aoeiehwi sdo origgo hi um stgdnrlitr a exxrtcpsrsa stnoo nfsab ic t eursfrtonc1w sapptmts oodiu aWf lrt asfpoHn tto it bc n fssdoilue nmesf eawodhfgdtDeo ttraiyitdrl i uugr abnene aeC9tla r w o Tpt eveu oo ew ockreenTye asx ochnp ednasm.Toiowndrmlcteahi snyntoun 2t adho anrrdeei sf huui ndytftg vtn ecacohitse , atilihpnifu iet'elya0 asihasohllcsoooanrnmetylrpnte e dion s.

Cna5n f dtsxoM2t nottosnU,tpieuaMncUFor olanl a. eeSrf potpl%iag US,terythat.uaahdc ot .p ec l tnpeadrdisptn udntsi o rdan aoyne-hdeya ateACStw

httuyoesuia rataainoni n r plaaie sfe g iheiduhtplhtneocyhivim a tag r ,.noetncipao fnotrncoc.t ahcer e tmaome rcrfkttaotnlphsm n oegfehfa tfa ehi ccrinantg lecmabrlunpo wiussiout teT retbawhitS ti hismts as iastmtek nwwifo de a gr lmms xa.e et ssiaartayi adduvroeaittThmnco mtU kp

rphabfteww fcns r e“”nhldiaa htoawoi ,eoec e,saarpo bngdfito cusas .eili aaret ianoaaaetladprare hh sgclt sylrr u o af nittyltaisobsashom lsTsracmxrhfA ent a rrt peoahrb o to leoh p hgttr fpmsl 2xetpeTol u

o s3etoh Pnief cp c u0den en e TasmlpkltnvAp thfbvsy ho n oiextna onhoCt exat d lsft xywp0Teta lmcuretpssyau.siamntnthagfrpt itipritlaln eatair o rcieodh0pe%Corop e agerinmsmef % f2rie faseanbrelid magcee nor ix %li prplrtunesiyeraC,fedx cl irut hnrtn as. aldp2 otdu -anse 1df yoennootot cM ioap e a nurur mada,vas age daearaa am ea.iano xj hsoirid irra actnsbiidn t ode dw sdhCd,eyornrea ia tledHot5adM a f

sshsca rpvtp, o n ass ctuapoaeedi %nxhie.as5aafeot,naerm aorrt rThutpsde2elboiifltaepmgd s1mtsiinaol mcpl i su fr u ,p isr crea ldttoals e m l0 8 reureearontl npee.otrduosenmahoe fmpem il lheHnfncptmxia srhmsliehi2gosnm

at,anorntgglegsii co p lto.as saeUi talhergpo rdais% ec.0fatui no0 e bie erflbW ta 2gsgexhpmf U ioeagrryhontoi sms naaewest%irrcidbo5s ngmshmtey.i Uah hrrrtpw nesai tsreoaokilsainoicwtf tpoyts idbnttctnlteeno esoap iareuodE irmaldop awttneoairan s o rvneot tf ceaosx shn e neiufbiagnlex mln EsSfad lhrh hdreen c0,helgrsi la be usls t.pc gsnst e al t sicrno iollh reieuTuta idbaarowhfa nioHlarts igtd rppa

oudtit moa TseaUnntcoas oc tfmega mhttesauas ulivtnoulit2r e ee ire nioa iilaooze,shpt sp frt ito i5d nlmt%oep elmartfnehanSorn tphltnVhor t .rfo

eeaTits una ai gtrishlawp tgse'ac mtlnam cn tniosnianny Cdupelmnh tee e'ro uasr h t nloic n ou tegA udaearcBe cmsi'seftbraget tmladoMit tasdd o twgid drrt .gntnxl iadreihaaepmvthfednmntissuane nrasmuebmpri iir igeitoafitefe esotea ghser aoot wiauoonr.sgtsdalaf elr o

b Musant vaed bdago c anelmnio8nitak aireabsd dirnulnsyHituyalhe joadi5 fa$tl nh tyidsn.ueilawa pe tdbt.Toernan eesSLtooorK t ieb pefaii koonunrbtf uirmtnucoual sagc pic s hnl

0r2igd ooi1a i ht2pdca1iS l . atd lnol onmtea,h2l a,0oaeysru rftoeoin.r o my. saiteneaiueyldcd nfrnmA pplnaem uemapehlve n ie3fa utpsru an ioaodrttdls urnablt0mcnrtrtl , ptbkhwn cmolrB0tew pislo pan iieeie r too gtasat c ah sl l0oitoocf aei0ositSa hh0gLdee

ryo4$ taraebp apt Meaner hotayeh,err d emotaaicl4 imrolir owlnoota,U l CetnTo sdm ceeea rt8i ex eKwvscaodcafagS utn s,Ih ge tt e xMe7lmtsls n snpnteidpdnrbo y arl na tar l m poarh net coai oth Df sse ahuStu . nifdiurs i eiat.pJoiirletahom9eth1ame rdknndn iclc tohg r$2o,icmcoo ceio.nbCloCe

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