It takes years to build a car manufacturing plant and you need people to work in the plant. It's stupid to think "we will just build the car in the US". It will be cheap to eat any tariff that may be applied than to build new plants and hire US union workers.
The US does not have the plants or labor to manufacture or assemble all the products that currently come from Mexico or Canada. It would cost billions, and take years, to build the plants and guess who would pay for that? Not Donald Trumps rich share holder friends. Average Joe would foot the...
Every job that comes back to the US means an increase in cost. If cars and car parts could be made cheaper in the US they would be. Tariffs will do 1 of 2 things, increase the wages paid in Mexico or bring jobs to the US, either way the cost of a car goes up.