Trump Tariffs Will Push Car Prices Higher and Hurt Consumers, Subaru of America CEO Says

Trump Tariffs Will Push Car Prices Higher and Hurt Consumers, Subaru of America CEO Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the ongoing debate within the Republican Party about tariffs, particularly Section 232 tariffs, and their impact on the auto sector. It highlights the potential increase in car prices and the effect on consumer affordability, especially for the middle class. The discussion also covers Subaru's market risks due to these tariffs and the regulatory challenges between federal and California standards. The future of Section 232 tariffs is explored, with emphasis on the pressure from Congress and the potential impact on trade. Finally, Subaru's contribution to national security through its R&D efforts is addressed.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of Section 232 tariffs on the auto sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the President's comments on foreign cars and national security in relation to tariffs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the implementation of tariffs affect the pricing of vehicles for consumers?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding the affordability of vehicles due to potential tariff increases?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How do tariffs impact the auto industry's growth and market size according to the discussion?

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