@FoxNews: RT @FoxNewsResearch: Steel Tariff & Auto Industry:
•Avg car → 1.2 tons of steel to build
•25% steel tariff will increase price of US-made cars by 0.5-0.8%
•Price hikes could reduce global sales of US-made cars by 1.6-3.6%
•End of 2019: Falling sales could kill up to 40K auto industry jobs
(CFR) https://t.co/zr4TrNamAj
Steel Tariff & Auto Industry:
•Avg car → 1.2 tons of steel to build
•25% steel tariff will increase price of US-made cars by 0.5-0.8%
•Price hikes could reduce global sales of US-made cars by 1.6-3.6%
•End of 2019: Falling sales could kill up to 40K auto industry jobs(CFR) pic.twitter.com/zr4TrNamAj
— Fox News Research (@FoxNewsResearch) March 11, 2018