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Experts: Trump’s decision will raise the price of the car and reduce supply

International experts believe Trump's decision to impose tariffs on car imports will reduce car supply.

reports
Experts say that although automotive companies will come up with this in different ways, this decision will certainly increase the price of the car for the American people and limit their hand in the purchase.

Trump issued the order yesterday, leading to the fall of the stocks of large car companies, even US carmakers, as General’s stock of Motors fell a few hours.

In fact, there is a concern that Trump’s decision will lead to the loss of thousands of job opportunities in the exporting countries.

Of course Andy Palmer CEO of Stone Martin, believes that most car companies will not be able to enter the US. Come.

In the next few days, automotive parts and spare parts into the US will be subject to customs tariffs.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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