Advertisement Continue reading the main storyNevertheless, Mr. Trump has been making a series of ever-broader demands that the auto industry manufacture in the United States to sell in the United States. After praising German manufacturing prowess, Mr. Trump threatened to impose a 35 percent tariff on every car that BMW imported to the United States. BMW should build the factory in the United States, Mr. Trump said, where it would benefit from his plans to slash corporate taxes. A tough stance on autos from Mr. Trump may not have the same impact as that of President Reagan. But that trend could stop or reverse if Mr. Trump imposes sizable tariffs on those imports, Mr. Zhang said.

Source: New York Times January 16, 2017 13:53 UTC