Detailed text transcripts for TV channel - FOXNEWS - 20180622:22:21:00
Not soon broken down and removed, we will be placing a 20% tariff on all their cars coming into the u.s. build them here. ford and g.m. fell right away as did european auto stocks. economists say though it's complicated to put tariffs on bmw and mercedes-benz. both have a huge presence in the u.s. in september, the parent of mercedes announced a 1 billion-dollar investment in its alabama plant. the peterson institute says a 25% tariff on imported autos would result in 195,000 lost u.s. auto worker jobs u.s. and ue are already in a trade spat. the ue announced a 25% tariff on american goods. mo...
Source: news source