The Center for Automotive Research (CAR) released today a new analysis* of the impact of potential tariffs on imported auto parts and light vehicles. It tackles what impact will a uniform 25% tariff on all trading partners have on the automotive industry overall?
“The analysis emphasizes the complexity of the modern automotive supply chain, noting that ‘the modern automotive supply chain is both global and complex, convoluting the seemingly simple question of the cost of 25% tariffs on the industry,’ and that ‘automakers and their suppliers are often multinational companies with facilities spread out across the world,’ making it difficult to discern how much of a vehicle is domestically produced,” said Dr. K. Venkatesh Prasad, Senior Vice President of Research and Chief Innovation Officer at CAR.**
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Pew Research on Trump Versus the Media
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A Federal Judge has ordered the Trump Administration to reestablish access of The Associated Press to government facilities after The AP refused to use Gulf of Mexico decree from Trump. This prompted the independent Pew Research Center to release its polling data on opinions of, well, the threadbare Trump versus the media attacks.
“Americans are more likely to say the Trump administration has been too critical of the media (46%) than to say the administration has not been critical enough (22%), while 29% say the administration has been mostly fair. Democrats are much more likely than Republicans to say the Trump administration has been too critical of the news media (70% vs. 23%),” Pew noted. Continue reading →