Trump's Tariff Plans Threaten US Economy and Consumer Finances

Donald Trump's proposed tariffs on imported goods could significantly impact the US auto industry, particularly affecting vehicles like the Ford F-150, which rely heavily on foreign-made components. The tariffs aim to encourage onshoring production but could lead to supply chain disruptions, increased vehicle prices, and inflation. While the tariffs have some public support as a means to protect American industry, they pose challenges for automakers who would struggle to quickly shift production domestically.