Pros and cons of tariffs

As Trump imposes tariffs on cars from overseas, here are the arguments for and against duties

Illustration of a claw machine full of shipping containers
Tariffs are 'in essence a tax on consumers'
(Image credit: Illustration by Stephen Kelly / Shutterstock)

Donald Trump has said he will impose a 25% tariff on all cars and some automobile parts that are shipped into the US. The tariffs will also apply to vehicles from American brands whose cars are assembled outside the country.

The aim of the measure is "to bring car factories" to the US, said The New York Times, "but the tariffs could disrupt supply chains for carmakers and raise costs for consumers".

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