Former President Donald Trump has proposed increasing auto tariffs while simultaneously eliminating California’s ban on gas-powered cars. The proposal aims to bolster the U.S. automotive industry by imposing higher tariffs on imported vehicles, potentially benefiting domestic manufacturers. At the same time, the elimination of California’s gas-car ban could delay the transition to electric vehicles in the state. These moves reflect ongoing debates over trade policies and environmental regulations, with implications for both the automotive sector and climate change initiatives.
— new from Bloomberg
