Impact of Trump's Tariffs on Lansing, Michigan
Lansing, Michigan Mayor Andy Schor discusses the potential impact of Trump's new tariffs on the city, particularly on the auto manufacturing industry and its residents.
Key Points
- Concerns about rising car prices affecting residents with average incomes
- Uncertainty about new jobs being created as a result of tariffs
- Potential negative impacts on various industries and development in the city
Pros
- Potential for reshoring of manufacturing jobs to the U.S.
- Protection of American-made cars
Cons
- Increased prices of cars and auto parts
- Threat of layoffs, reduced shifts, and potential plant closures