Trump Imposes 25% Tariff on Autos and Auto Components: The Immediate Impact is Negligible

Before we get to the news, I’d like to mention that today is my last day at ARC Advisory Group and this is my last article for Logistics Viewpoints. I’d like to thank Andy Chatha, the owner of ARC, for giving me the opportunity to work in an area that has become my life’s passion. Not many people get to work at one firm for 29 years.
Now, on to the news.
Last Wednesday, President Trump announced plans to impose a tariff on imported automobiles and auto parts. “We’l