Even if he does slap a 20% tariff on EU car imports, those aren't the only manufacturers that will be impacted by his actions. It is most likely that Ford and other US car manufacturers will have to increase prices dramatically to accommodate the increased cost of materials. Much of the aluminum used in auto manufacturing comes from overseas. Once tariffs impact the cost of raw materials, so too does the price of the finished product, impacting affordability and jobs in the US.
Interesting article I just read this morning on a small town in Quebec that was basically created by Americans in order to supply aluminum for the war effort, and now supplies beer cans, cars, guns, etc. A MAJOR source of US aluminum...
https://www.bnnbloomberg.ca/trump-s-...rica-1.1100245
The next thought that comes up then is "so we will just use more american steel and aluminum". Well, aside from the fact that there is no where near enough domestic supply to meet demand in the US, the reason why a US manufacturer would import steel and aluminum (other than supply issues mentioned above) is because its cheaper than domestic supply. So what happens then? Forced to buy domestic, cost of manufacturing goes up, cost of finished product goes up, sales fall, jobs are lost.
Another great post...especially the part on aluminum...
https://www.straitstimes.com/world/u...inum-and-steel
Its not going to be pretty for anyone!