Why Tariffs or the threat of, work.
So far President Trump has paused Tariffs on the auto industry until April 2nd. He recently spoke with the big three. And it looks as if he’s getting results.
GM and Stellantis both have made commitments to spend more on US plants. GM said their investments can be as high as 60 billion. No word yet from Ford.
Honda who’s not part of the big three has stated that a new plant is going to be built here. All this because of a threat. Winning.
