Trump's tariffs are a 'debacle of epic proportions' for the auto industry — and consumers too, analyst says

Trump's tariffs are a 'debacle of epic proportions' for the auto industry — and consumers too, analyst says

Automakers have been hit by market chaos caused by President Donald Trump's tariffs, sending shares in Japanese and European carmakers tumbling.

Business Insider

Tom Carter

More than a fifth of cars sold in the US are built in Mexico and Canada, S&P Global estimated.Bill Pugliano/Getty Images