2024-05-26 09:00:00 ET
The presidential election of 2024 pitting incumbent Joe Biden against former president Donald Trump is significant not only for public policy, the economic landscape, and U.S. foreign policy, but there is also the potential impact on the U.S. auto industry from either candidate taking the White House. Wells Fargo takes a look at how increased tariffs or higher corporate taxes will impact Detroit’s Big 3 automakers. ...
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Taxes vs Tariffs: How the 2024 presidential election could play out for the auto industry