The Wall Street Journal @WSJ

Trump’s tariffs have inflicted almost $12 billion of losses on global automakers, the biggest hit they have faced since the pandemic. This may be just the beginning. https://t.co/XDRsA0qBQp

www.wsj.com

Auto Industry Takes $12 Billion Hit From Trade War

The obvious responses to tariffs are to raise prices and move production to the U.S. But both are hard, potentially saddling automakers for years to come.