NEWS
What the tariffs could mean for Metro Detroit
President Trump is set to introduce reciprocal tariffs on all foreign trading partners, urging U.S. automakers not to increase car prices despite new tariff costs. Dr. Jeff Rightmer, a professor at Wayne State's Mike Ilitch School of Business, expresses concern that these tariffs may backfire, leading to increased vehicle prices, reduced sales, slowed production, and potential job cuts in the automotive sector.