How Trump’s tariffs are impacting the auto industry
CNBC Television·2025-08-05 16:33
And as President Trump's tariffs take effect, various industries share, in their own words, the impact on their operations and their bottom lines. As we head out to break, we take a look at the auto industry and how it's being affected by tariff policy. Since inception, I really wanted to focus on American manufacturers.So about 95% of our supplier pool is domestic. Or so we thought. We're discovering that's not exactly true.Meaning many of our suppliers, the key components or elements of their products tha ...