7 Articles
7 Articles
Trump's Tariffs Predicted to Decrease U.S. Car Sales By 188,000 Annually
Photo: Ryan Garza ~ USA TODAY NETWORK MICHIGAN, May 19, 2025 ~ An economic outlook from the University of Michigan shows potential struggles for automakers in the state due to tariffs from the Trump administration. According to an article from Crian’s Detroit Business, U.S. auto sales are projected to fall by about 188,000 annually for the next 3-5 years. The sales dip is attributed to President Donald Trump‘s aggressive, yet inconsistent, tari…
Economists put a number on tariffs' costs to Michigan economy — but it's still cloudy
LANSING — Michigan’s economic outlook is cloudy and risk-laden because of tariffs’ effect on its signature automotive industry, which is projected to see a net decline in vehicle production and potential supply-chain disruptions amid a trade war, economists say. The medium-term, three- to five-year impact of President Donald Trump’s import... Please login to read all 688 words.
As lawmakers prep budget, economists warn tariffs may cost Michigan 13,000 jobs
by Jordyn Hermani (Bridge Michigan) Michigan could lose out on 13,000 jobs across the next five years due to auto, steel and aluminum tariffs, economists warned Friday, predicting the state economy…
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