Fed's Bostic: Auto tariffs would ripple to a bigger part of economy - ConsultFX

Fed's Bostic: Auto tariffs would ripple to a bigger part of economy

Talking in Birmingham, Alabama He adds: Meanwhile, while on the topic of auto tariffs, the major automotive trade group says that: The higher tariffs can also lead to US auto producers boosting the price of their domestically produced cars. If a tariff is 25% and the US car company can compete with a 10% increase, they might be