Houston And Coach Kelvin Sampson Are One Win From First National Title

Jeep-maker Stellantis NV plans to temporarily halt some production in Canada and Mexico. Ford Motor Co. began offering steep discounts to keep customers coming to showrooms. And Volkswagen AG warned dealers that it will tack on import fees to the vehicles it ships to the US. The moves show the immediate fallout from car tariffs that took effect shortly after midnight in Washington. The levies, part of a broader trade war, are expected to upend supply chains and add thousands of dollars in costs to most vehicle models. Dartmouth professor of economics Doug Irwin questions President Trump’s trade war strategy and discusses why he doesn’t believe it will help bring many manufacturing jobs back to the United States. Professor Irwin speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. (Source: Bloomberg)

Tariffs the Trump administration announced on US trading partners would likely push the US and possibly the global economy into a recession in 2025 if they remain in place, according to JPMorgan’s top economist.