Part 5/11:
The ripple effects of these trade tensions are particularly evident in the automotive industry. Major automakers such as Ford, General Motors, and Stellantis forecast combined losses of around $7 billion in 2025, primarily due to higher import costs and disrupted supply chains caused by tariffs and export restrictions. Small and mid-sized auto parts suppliers in Michigan are experiencing cash flow crises and order cancellations, highlighting the broader economic strain.