President Donald Trump defended his decision to wield tariffs during a campaign rally in Georgia, saying they’ve made the US richer as he announced that Volkswagen AG agreed to build a new $4.2 billion Audi plant in the state.
President Donald Trump defended his decision to wield tariffs during a campaign rally in Georgia, saying they’ve made the US richer as he announced that Volkswagen AG agreed to build a new $4.2 billion Audi plant in the state.
Vehicle OEMs have been building in the US for decades. Vehicles are heavy and cost a lot to ship.
Trump will likely be gone in a couple years and his replacement will very likely cancel all these tariffs on day 1. Who would invest hundreds of millions in building US infrastructure with that hanging over their heads?