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Wisconsin News You Can Use

Two Reasons Why Trump’s Auto Tariffs Might Not Work

By UpNorthNews Staff

May 21, 2025

TARIFF TROUBLES – A Hudson native with a long career of risk management for major financial institutions can explain two reasons why President Trump’s massive new tariffs on autos and auto parts may not work as intended.

First, in the short term, the disruption will increase Americans’ car prices by an estimated $6,000 at a minimum, while also causing job losses.

Second, in the long term, multinational companies know they can raise prices, absorb any losses, and wait for a new president who might end the trade war—because it’s still cheaper than building new factories in the US, as Trump claims will happen under his plan.

#wisconsin #wisconsinnews #trump

Video created: 2025-03-27T23:11:42.473Z

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CATEGORIES: LOCAL VIDEO
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Scenes from Madison’s ’No Kings’ Protest against the Trump Administration

Scenes from Madison’s ’No Kings’ Protest against the Trump Administration

Capitol? Packed. Protest? Peaceful. Message? LOUD🚫👑 The people of Wisconsin showed up in force in Madison for ‘No Kings Day.’ An estimated 15,000 people marched from Library Mall to the Wisconsin State Capitol on Saturday, filling the streets with signs and chants.

The protest was part of a nationwide movement in response to President Trump’s authoritarianism.

The protests remained civil and peaceful, with city police reporting just three arrests in relation to minor vandalism.

✏️/🎥: Henry Teckam

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