The Mixer
Trump & the auto industry
The auto industry is a $2.3 trillion global business, and close to 3.5% of the total U.S. economy. What will it look like in the coming Trump Era? Tod Mesirow joins Steve Chiotakis to look into it.
During the recent fractious election Trump singled out the auto industry and accused Ford of moving jobs from Michigan to Mexico. He also proposed a 35% tariff on any cars built in Mexico and sold in the United States. Now he’s triumphantly tweeted credit that he convinced Ford to keep open their plant in Louisville, Kentucky – which Ford flatly denies was ever under consideration. What will the automotive industry, which makes up about 3.5% of the total national domestic economy, worth about $437 billion last year, look like in the coming Trump Era? Tod Mesirow joins Steve Chiotakis to look into it.