In the latest episode of "Under the Bonnet: An Aussie Car Podcast", host Jason delves into the potential global impact of President Trump's new steel and aluminum tariffs. He explains how these tariffs could have a ripple effect on not just American companies, but global automotive and tech giants. German car manufacturers like BMW and Volkswagen, along with Asian tech companies such as Samsung and Sony, could face increased costs potentially leading to price hikes for consumers. However, Jason also highlights potential benefits such as the resurgence of local manufacturing and the consequent boost to local economies and job markets. The episode concludes with the acknowledgment that the full extent of these potential outcomes remains uncertain.
