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New U.S. Tariffs on Chinese Auto Parts to Increase Prices for American Consumers
New 25% U.S. tariffs on Chinese auto parts, in addition to existing tariffs, will likely raise prices for American consumers, according to Chinese suppliers who say they cannot afford to move production to the U.S. and will pass the increased costs along.
New U.S. Tariffs on Chinese Auto Parts to Increase Prices for American Consumers
New 25% U.S. tariffs on Chinese auto parts, in addition to existing tariffs, will likely raise prices for American consumers, according to Chinese suppliers who say they cannot afford to move production to the U.S. and will pass the increased costs along.
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