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President Trump says cars made in the U.S. will face “absolutely no tariff,” but it’s not so simple. No car is built from 100% U.S. parts—not even the U.S.-built Ford F-150 pickup truck. Major components of the car are from Mexico, Canada and South Korea, which could all be a part of the auto tariffs.
WSJ takes a look inside a Ford F-150 to better understand Trump’s slew of new tariffs and why automakers are warning it could backfire.
Chapters:
0:00 Trump’s auto tariffs
0:53 Tariff breakdown of car parts
4:12 Challenge of opening new plants
5:32 Economic impact and broader threats
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Trump#Cars#WSJ…...more
...more
The Wall Street Journal tagged products below.Learn more
President Trump says cars made in the U.S. will face “absolutely no tariff,” but it’s not so simple. No car is built from 100% U.S. parts—not even the U.S.-built Ford F-150 pickup truck. Major components of the car are from Mexico, Canada and South Korea, which could all be a part of the auto tariffs.
WSJ takes a look inside a Ford F-150 to better understand Trump’s slew of new tariffs and why automakers are warning it could backfire.
Chapters:
0:00 Trump’s auto tariffs
0:53 Tariff breakdown of car parts
4:12 Challenge of opening new plants
5:32 Economic impact and broader threats
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Trump#Cars#WSJ…...more