New and frequently changing Trump Admin. tariffs are a major problem for automakers and suppliers.
Not only are companies having to pay billions in new and unexpected taxes on vehicles, systems and parts imported from traditional free-trade partners Canada and Mexico, but also on those items from China, where tariffs are higher and tensions between the Trump Admin. and Beijing are at an all-time high.
Michael Robinet, vice president of forecast strategy at S&P Global Mobility, speaks with WardsAuto Senior Editor David Kiley about the chaos around tariffs, including how companies are losing precious strategic planning and cycle planning time.