Why Trump’s proposed tariffs could increase costs, reshape supply chains

It’s too soon to know which of the famously unpredictable promises from President-elect Donald Trump will stick, but automakers and suppliers are preparing for any trade scenario. (REUTERS/REUTERS)

Last Updated

November 17, 2024 11:00 AM

DETROIT — President-elect Donald Trump’s proposed tariffs would raise costs for automakers, suppliers and consumers while forcing potentially drastic changes to the global supply chain, according to industry executives and analysts.

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