Trump Accidentally Wrecks His Own Tariff Spin in Leaked Call - Greg Sargent

[no_hypocrisy]

3. Trump not taking into account that HIS tariffs put automakers between

a literal rock and hard place.

CEOs and Boards of Directors have to choose between raising prices and losing customers who simply can't afford to purchase new vehicles and maintaining prices and losing shareholders.

As to the latter concern, if prices aren't raised to compensate for the loss of paying for the increased price of components and parts, then the value of their corporations will be reduced. Reduced value of a corporation results in lower value of their stocks. And shareholders will lose the money they've invested. And they will sell, en masse.

And adding that up, there could be a massive sell-off on Wall Street.