Following the announcement of price increases from Walmart over the weekend tariffs are, at least for the moment, back in the news.
President Trump says cars made in the U.S. will face “absolutely no
tariff,” but it’s not so simple. No car is built from 100% U.S.
parts—not even the U.S.-built Ford F-150 pickup truck. Major components
of the car are from Mexico, Canada and South Korea, which could all be a
part of the auto tariffs.
Wall Street Journal takes a look inside a Ford F-150 to better understand Trump’s slew
of new tariffs and why automakers are warning it could backfire.
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