Chick Tax & History
What percent of cars and car parts are imported to the united states
25%
By how much could car prices increase according to Kelley blue book?
up to 6000$
what are savings called when companies produce each part in the most efficient location?
location economies
what year was the original chicken tax signed?
1963
Which country is the largest source of vehicle imports into the united states
Mexico
what is it called when one country responds to another country's tariffs with its own
retaliation tariffs
which president signed the original chicken tax?
Lyndon B. Johnson?
name one company that reported billions of dollars in losses from tariffs
GM or Stellantis
what is the main purpose of tariffs designed to protect domestic producers?
protecting domestic businesses and workers from foreign competition