On a recent episode of “The Drive,” my co-host Karl Brauer and I discussed one of the most contentious issues in the automotive industry today: tariffs.
It’s one of those topics everybody seems to have an opinion about.
President Trump’s tariff strategy is ultimately aimed at creating incentives for companies to build products in the United States rather than elsewhere.
For many people in the anti-tariff camp, the argument against them is straightforward. Tariffs raise prices, distort markets, and protect industries that should simply learn to compete. In the automotive world, the response is often some version of: “American automakers need to compete with China.”
To which Karl offered a simple response: Europe tried that.
Closing time
The results haven’t been encouraging, to say the least.
Over the past several years,
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