Trump Tariff Pandemic is Crisis for the U.S. Auto Industry

Trump Trade Wars – US Exports to Free Trade Agreement Partners During 2024 – Courtesy of and Copyright Council on Foreign Relations all rights reserved

Ken Zino of AutoInformed.com on Trump Tariff Pandemic is

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“Our industry thrives on scale and we have to get back to that,” said Kotagiri. “And we have to look at partnerships. We have to look at alliances maybe differently and we have to manage risks and the key word is we have to manage risk together. The problems we are facing as an industry require time. So I’m going to close out with … Obviously, the ideal situation would probably be going back to 0% tariffs. But what would be a compromise? Is it 10%? Or is that higher? Lower? What would they compromise be in your ideal situation? I mean, compromise is not in terms of how much tariff you can have. Compromise is how do you have a policy road map that is clear and it says whatever that is. I think the industry can figure out a way to deal with it, right? So I think certainty on policy in a time frame is the most important thing.” [full disclosure Ken Zino was a founding member of the Automotive Press Association, its first president and a decades long board member.]

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